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TurboTax is requiring me to enter rental income on Schedule E when I don't have any to enter - does anyone know why?

this is for an oil and gas lease
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TurboTax is requiring me to enter rental income on Schedule E when I don't have any to enter - does anyone know why?

If you have royalty income from the lease then your income and expenses for royalty are entered on Schedule E.

 

Enter royalty income in the Search box located in the upper right of the program screen.  Click on Jump to royalty income

 

On the screen that asks What are you here to report? Select Royalty and NOT Rental Property

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2 Replies

TurboTax is requiring me to enter rental income on Schedule E when I don't have any to enter - does anyone know why?

If you have royalty income from the lease then your income and expenses for royalty are entered on Schedule E.

 

Enter royalty income in the Search box located in the upper right of the program screen.  Click on Jump to royalty income

 

On the screen that asks What are you here to report? Select Royalty and NOT Rental Property

Carl
Level 15

TurboTax is requiring me to enter rental income on Schedule E when I don't have any to enter - does anyone know why?

Do you own rental property? Maybe you received royalty income? Both rental income and royalty income are reported on SCH E.

 

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