Are you reporting rental activity in TurboTax Online or TurboTax Desktop? What deductions are you trying to report that are not being allowed?
I recommend establishing the rental activity on Schedule E Supplemental Income and Loss first and then reporting the income into the rental activity. The IRS form 1099-K amount may then be reported as a separate income source and be easily identified.
Schedule E is exactly what I expected after entering my 1099-K for rental income. The algorithm did not ask if I have expenses. I called into Turbo tax to speak with someone and she didn’t understand why I needed a schedule E. She hung up on me. I cleared my entries for 2024 and will find a professional.
In TurboTax Premium Online, add expenditures by following these steps: