1040 Schedule E Iine 20

turbotax Premier won't accept the date I've entered on line 20 of Schedule E. The format I've used is the same as the example. I can't find any criteria for the date in the IRS instructions. It is the date on which a depreciable asset in a rental property was taken out of service (disposed).

367

Expert Alumni

Mar 21, 2020 12:44:20 PM

Is it a 2019 date? You can't use a date from another year.

New Member

Mar 21, 2020 2:01:50 PM

The date is 10/01/2019. The form asks for a 2019 date.

Expert Alumni

Mar 23, 2020 10:41:57 AM

Can you confirm that you’re referring to line 20 of Form 1040’s Schedule E?

The schedule’s description for the line is “Total expenses. Add lines 5 through 19.”

Expert Alumni

Mar 23, 2020 2:59:11 PM

As noted above, line 20 of Form 1040’s Schedule E is an amount field, not a date field.

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1040 Schedule E Iine 20