I didn't put the income from my rental condo. I did not make any money on it last year but how do amend it or do I even need to?

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I didn't put the income from my rental condo. I did not make any money on it last year but how do amend it or do I even need to?

Yes, you must amend the return and take depreciation allowed even if it runs at a loss.

You can download the 2016 amendment software for Windows at the following link.

https://turbotax.intuit.com/personal-taxes/cd-download/amend/ty16/

You will also need the .tax2016 data file for your online tax return. As soon as you sign in to your TurboTax Online account you should see a link that says "Download your .tax file." If you don't see that, the instructions in the following FAQ should work.

https://ttlc.intuit.com/questions/1900748-how-do-i-get-a-copy-of-a-return-i-filed-in-turbotax-online

https://ttlc.intuit.com/replies/6409443

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I didn't put the income from my rental condo. I did not make any money on it last year but how do amend it or do I even need to?

Cash flow does not determine if you made any money from it, as you cannot deduct mortgage principal.

I didn't put the income from my rental condo. I did not make any money on it last year but how do amend it or do I even need to?

Yes, you must amend the return and take depreciation allowed even if it runs at a loss.

You can download the 2016 amendment software for Windows at the following link.

https://turbotax.intuit.com/personal-taxes/cd-download/amend/ty16/

You will also need the .tax2016 data file for your online tax return. As soon as you sign in to your TurboTax Online account you should see a link that says "Download your .tax file." If you don't see that, the instructions in the following FAQ should work.

https://ttlc.intuit.com/questions/1900748-how-do-i-get-a-copy-of-a-return-i-filed-in-turbotax-online

https://ttlc.intuit.com/replies/6409443

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