You'll need to sign in or create an account to connect with an expert.
To enter rental income, expenses and rental asset depreciation -
Click on Federal Taxes (Business using Home & Business)
Click on Wages and Income (Business Income and Expenses using Home & Business)
Click on I'll choose what I work on
Scroll down to Rentals, Royalties, and Farm
On Rental Properties and Royalties (Sch E) , click on the start or update button
The rental income is entered in the section of Wages and Income. The link below will walk you through step by step.
The depreciation section is still being worked on and will be updated soon Please use this link to sign up to be notified about the update.
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.
eileenfinke
Returning Member
rmcc852
Level 1
zcpllc
New Member
genman
Level 2
eileenfinke
Returning Member