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Turbotax premier desktop put rental property loss/gain in an incorrect state
I live in CA and have rental properties in NC (Never live in NC last year). When I trying to add rental property in Turbox tax desktop, even if I set Rental Property "State or U.S. Possession" to NC, it always assign to CA and prepare CA schedule E worksheet. Since I do not have other incomes in NC, it left my NC state filing almost blank.
Is there a way to change that? What should I do to make Turboxtax knows it should prepare NC schedule E worksheet and other forms for properties in NC?
I did some tests by creating a blank new return and mocked a NC rental property with a large amount of rental income. It seems I only owe tax for CA and Federal but not for NC. Am I missed anything?
March 5, 2022
1:17 PM