You'll need to sign in or create an account to connect with an expert.
I tried this. But I am not able to add date of purchase, that was in 2020 No option to add purchase price
and owners name. Any suggestions?
Thanks,
Peekay
No option to add purchase price
After you click the "Add or Royalty or Rental" button, just work through the program the way it's designed and intended to be used. Depending on your specific and explicit situation, you may not deal with purchase price until you get to the Assets/Depreciation section of the program. That's where at an absolute minimum, you will enter the property itself to set things up for depreciation.
Understand that absolute perfection in this section is not an option. It's a must. The tiniest of mistakes will grow exponentially over time.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
steve2649
Level 1
csdl2024
Level 3
Lance10
Returning Member
sac428
Level 1
OwenUlph
New 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.