None of the rental expense I entered was saved. In the summary section, the expenses show zero and is not deducted from the income The net profit shown is income minus depreciation only.
You'll need to sign in or create an account to connect with an expert.
If TurboTax is not letting you continue, you can try the following:
Go out of your program and go back in.
Clear your cache and cookies.
Try a different Web Browser.
If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates".
If you have any additional questions or information regarding this please return to TurboTax Community and we would be glad to help.
my question is why are the expenses not picked up and deducted from rental income. I have no problem continuing in TurboTax. Thanks
It sounds like your expenses did not remain in place. Try going through them again and use the steps in the link below.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ZIELSKEJOAN
New Member
Schira125
New Member
titotrampas
New Member
amydan170353
New Member
francasta
New Member