While reviewing my 2023 tax return I notice that I listed the city that I live in and own other rentals in, instead of the city it should be by mistake. The towns are side by side. I checked my prior returns and apparently I entered the address wrong when the rental was first placed in service in 2020 and never caught it. Do I need to edit this entry before filing my completed taxes for 2023, if that is even possible? Should I amend the tax returns for the 2020, 2021, and 2022 tax years?
Just make sure your rental address information is correct on your 2023 tax return (and subsequent returns).
Per the IRS, you should file an amended return if there's a change in your filing status, income, deductions, credits, or tax liability.
Edit the properties address under the Property Profile for the rental.
To make changes to your rental property section:
This will allow you to make changes to your rental property.
[Edited 2/19/24 | 3:00pm PST]
Just make sure your rental address information is correct on your 2023 tax return (and subsequent returns).
Per the IRS, you should file an amended return if there's a change in your filing status, income, deductions, credits, or tax liability.
Edit the properties address under the Property Profile for the rental.
To make changes to your rental property section:
This will allow you to make changes to your rental property.
[Edited 2/19/24 | 3:00pm PST]