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How do I get to screen to correct purchase amount for rental real estate? I can revisit other screens for expenses and income but not for purchase price.

 
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Accepted Solutions
JotikaT2
Employee Tax Expert

How do I get to screen to correct purchase amount for rental real estate? I can revisit other screens for expenses and income but not for purchase price.

You should be able to edit this information in the Assets/Depreciation section.

 

Go into the federal program.

  1. Select "Income & expenses"
  2. Select "Rental Properties and Royalties (Sch E)
  3. Say yes to reviewing your information and continue through the screens until you see the "Rental and Royalty Summary".
  4. Select Edit to the right of the Assets/Depreciation.

Edit Assets

When you see Do you want to go directly to your asset summary?, select Yes.  

The next screen will show you the assets and you can edit your information here.

 

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

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2 Replies
JotikaT2
Employee Tax Expert

How do I get to screen to correct purchase amount for rental real estate? I can revisit other screens for expenses and income but not for purchase price.

You should be able to edit this information in the Assets/Depreciation section.

 

Go into the federal program.

  1. Select "Income & expenses"
  2. Select "Rental Properties and Royalties (Sch E)
  3. Say yes to reviewing your information and continue through the screens until you see the "Rental and Royalty Summary".
  4. Select Edit to the right of the Assets/Depreciation.

Edit Assets

When you see Do you want to go directly to your asset summary?, select Yes.  

The next screen will show you the assets and you can edit your information here.

 

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

How do I get to screen to correct purchase amount for rental real estate? I can revisit other screens for expenses and income but not for purchase price.

Thank you so much for this help.

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