I have a rental property in AZ for short term rentals. This requires me to have a TPT license (Transaction Privilege Tax) with AZ. They take taxes monthly for my rentals. My question is, do I have to get Self-Employed version of TurboTax or can I use the Premier, as it states it is for rental property income?
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You only need the SE version if the rental is put on a Sch C because you provide daily maid services and/or meals to the renters like some B&Bs.
You only need the SE version if the rental is put on a Sch C because you provide daily maid services and/or meals to the renters like some B&Bs.
Assuming you report your rental income/expenses on SCH E, you'll be fine with whatever version you use that has SCH E in it. You'll claim the TPT tax in the Rental Expenses section. There's a box there for "Other Taxes" which is where you would enter any taxes outside of property taxes you pay on the property.
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