Which Turbotax do I need?Have rental income&income from prop sale w/amortized loan,social sec income.Does Turbotax compute interest&principal of loan payments to me?

julihoo · ‎June 4, 2019

IsabellaG · ‎June 4, 2019

You can use TurboTax Premier online for your return. Any of our Desktop products (CD/Download Product) can be used to prepare your return, but TurboTax Premier will give you the most detailed help.

Turbotax won't compute the interest and principal of the loan payments to you. You need to report the sale as an installment sale, and enter the interest and principal portions of the payments yourself.

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IsabellaG · ‎June 4, 2019

You can use TurboTax Premier online for your return. Any of our Desktop products (CD/Download Product) can be used to prepare your return, but TurboTax Premier will give you the most detailed help.

Turbotax won't compute the interest and principal of the loan payments to you. You need to report the sale as an installment sale, and enter the interest and principal portions of the payments yourself.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Which Turbotax do I need?Have rental income&income from prop sale w/amortized loan,social sec income.Does Turbotax compute interest&principal of loan payments to me?