390406
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

pandreae
Returning Member

I rent out 3 room in my primary residents and earn a rental income. Do i file schedule E only for my property and rental income or do i file schedule A and E together

I agree the software should do that automatically.

pandreae
Returning Member

I rent out 3 room in my primary residents and earn a rental income. Do i file schedule E only for my property and rental income or do i file schedule A and E together

May I add another comment.

 

In the easy entry mode, I should be prompted to enter the 1098, and all other received forms as a beginning to preparing taxes.  This can happen in multiple places.  Each place that allows me to add a 1098 or seeks to collect data related to a property, mortgage interest, property tax, or operating expense allows me to select or add new, thus always pointing to one THING associated with each unique physical property.

I rent out 3 room in my primary residents and earn a rental income. Do i file schedule E only for my property and rental income or do i file schedule A and E together

I am in the same boat as the OP for 2022 taxes. How do I know if turbotax is splitting the mortgage interest between Schedule A and Schedule E? 

1. For the personal deduction I put in the full amounts given on the 1098 etc
2. For the rental section I manually calculated the amounts associated with rental use.

Am I supposed to go back to the data I entered in step 1 above and deduct the amount I entered for rental use to avoid double dipping or does turbo tax automatically do this?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question