You'll need to sign in or create an account to connect with an expert.
Below are the steps to enter your rental in TurboTax:
Tip: Rent is considered income in the year you received it, not the year it applies to. This means that a rent payment for the month of January 2020 collected in December 2019 is reported on your 2019 return.
If you're also filing a nonresident state return to report income from an out-of-state rental property, be sure to complete your nonresident state return before you prepare your resident state return when you get to the State Taxes section.
You can enter up to 45 rental properties in TurboTax.
Related Information:
Source: TurboTax FAQ
Below are the steps to enter your rental in TurboTax:
Tip: Rent is considered income in the year you received it, not the year it applies to. This means that a rent payment for the month of January 2020 collected in December 2019 is reported on your 2019 return.
If you're also filing a nonresident state return to report income from an out-of-state rental property, be sure to complete your nonresident state return before you prepare your resident state return when you get to the State Taxes section.
You can enter up to 45 rental properties in TurboTax.
Related Information:
Source: TurboTax FAQ
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
shak0000
Level 2
Lance10
Returning Member
aE
Level 3
tracy_roberts
New Member
Lance10
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.