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Investors & landlords
It all gets entered in the Rental & ROyalty Income (SCH E) section of the program. Make "SURE" you select the option to indicate you are renting a part of your home. Otherwise, things will be all wrong. Also, if 2022 is the first year you are renting a part of your home, double-check the first year depreciation amount. Chances, are it will be wrong. If so, I'll show you how to correct it without disabling the ability to e-file.
‎February 15, 2023
5:11 PM