It depends
Yes - If you are a US citizen or resident alien, you are required to report all income from all sources both foreign and domestic (in USD) on your US income tax return. So you would be required to report your foreign rental income (in USD) regardless of if you don't file in the country where the rental property is located. You will report this foreign rental on Schedule E attached to your individual income tax return.
Once
you have signed into your TurboTax Account (for TurboTax Online sign-in, click Here , then select "Take Me to My
Return"), type "Schedule e" in the search bar then select
"jump to Schedule e"
Please note: Property located outside the United States has a longer recovery period than property in the U.S., and you must use the Alternative Depreciation System (ADS) under MACRS. Residential rental property located in a foreign country would be depreciated over a 40-year recovery period.
No - If you are a nonresident alien, then you would only have to report US sourced income on your US 1040NR tax return. TurboTax does not
support Form 1040NR. Here is a link to
the IRS website for Form
1040NR, U.S. Nonresident Alien Income Tax Return
