JulieS
Expert Alumni

Investors & landlords

For your 2021 tax return, you can just delete the rental schedules from your tax return, so that you can file.

 

Please note that when you eventually sell this property, you will need to report how much depreciation was taken while it was a rental, so be sure to keep a complete copy of your 2020 tax return, including the depreciation summary. 

 

If you are using TurboTax online:

  1. From inside the return, scroll down to Tax Tools on the bottom of the left side menu.
  2. Select Tools.
  3. Click on Delete a form (third on the list at the bottom of the screen).
  4. Find Schedule E worksheet on the list of forms.
  5. Click Delete to the right.
  6. Confirm your Delete.
  7. Click Continue in the lower right. 
  8. Check the list to see if you still have anything listed as Schedule E, delete it if you find anything else.
  9. Click Continue with my return.
  10. At this point you should be able to complete your e-file. 

 

If you are using the Desktop version (disc or download):

  1. Click Forms toward the upper right corner. 
  2. Find Schedule E worksheet on the list on the left.
  3. Highlight it, then click Delete in the lower left corner of the reading pane.
  4. Check to see if you have anything else related to your rental, delete it if you do.
  5. Click on Step by Step in the upper right corner to return to the interview. 
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