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jeevan-h-e
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Can I deduct rental operating expenses? if yes where can I do that in turbo tax online tax tool?

 
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2 weeks ago
last updated ‎January 23, 2025 2:43 PM
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ThomasM125
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Can I deduct rental operating expenses? if yes where can I do that in turbo tax online tax tool?

You can deduct expenses that are necessary and ordinary for the generation of rental income. You enter your rental income and expenses in the Rental Properties and Royalties (Sch E) section of TurboTax, which you will find under Wages and Income in the Federal section of TurboTax:

 

 

 

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