Need to enter sale of rental property where do I find this schedule?

Where do I find schedule E?

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1 Best answer

Expert Alumni

Mar 19, 2020 12:51:15 PM

Here is how you enter the sale of your rental property.

With your return open in TurboTax, search for rentals and then select the Jump to link in the search result.
Answer Yes to the question Did you have any rental or royalty income and expenses in 2019 for property you own?
When you get to Is This a Rental Property or Royalty? select Rental property and fill out the description, address, and owner.
When you hit Do Any of These Situations Apply to This Property? check the Sold box along with any other boxes that may apply.
Continue following the onscreen prompts to enter info about your rental property. Eventually you'll get to the Review Your [Property] Rental Summary screen. You can report the sale in the Sale of Property/Depreciation section, along with any other pertinent info (like income and expenses)

Expert Alumni

Mar 19, 2020 12:51:15 PM

Here is how you enter the sale of your rental property.

With your return open in TurboTax, search for rentals and then select the Jump to link in the search result.
Answer Yes to the question Did you have any rental or royalty income and expenses in 2019 for property you own?
When you get to Is This a Rental Property or Royalty? select Rental property and fill out the description, address, and owner.
When you hit Do Any of These Situations Apply to This Property? check the Sold box along with any other boxes that may apply.
Continue following the onscreen prompts to enter info about your rental property. Eventually you'll get to the Review Your [Property] Rental Summary screen. You can report the sale in the Sale of Property/Depreciation section, along with any other pertinent info (like income and expenses)