I have entered my 1099-K from Airbnb but Turbo Tax is not making Schedule E available to list my Expenses from this vacation rental property.

[morley-charlotte]

Why is Turbo Tax not allowing deductions of rental property expenses from income?

[JamesG1]

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.

[morley-charlotte]

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. 

[JamesG1]

In TurboTax Premium Online, add expenditures by following these steps:

• Down the left side of the screen, click on Federal.
• Down the left side of the screen, click on Wages & income.
• Click the down arrow to the right of Rentals, Royalties, and Farm.
• Click to the right of Rental Properties and Royalties.
• At the screen Your 2024 rentals and royalties summary, select the pencil icon to open the rental activity.
• At the screen Here's rental property info, select Add expense or asset to report expenditures.

@morley-charlotte 

[morley-charlotte]

James thank you so much! I will start over and get it done today. May your day be blessed!!!