turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

pxyspring
New Member

How can I fill rent property (outside state) income since it is net loss? Do I need to pay rent property tax on outside state as the rent property outside state

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Vanessa A
Expert Alumni

How can I fill rent property (outside state) income since it is net loss? Do I need to pay rent property tax on outside state as the rent property outside state

You would include it on Schedule E like you would if it was in the US in the rental income section in TurboTax.  You will select foreign for the property address. 

 

 The only thing that could be different is if you are paying taxes on the income from the property to a foreign government, then you may be able to claim a foreign tax credit for taxes paid to the foreign government. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies