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xray1357
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Form 1098 2017 Turbotax software - how do you enter the information for rental properties? I only could find a 1098 form for home mortgage informaton?

 
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CathiM
New Member

Form 1098 2017 Turbotax software - how do you enter the information for rental properties? I only could find a 1098 form for home mortgage informaton?

You will enter your mortgage interest as an expense in the rental section:

  1. In TurboTax, search for rentals and then click the "Jump to" link in the search result.
  2. Answer Yes to the question Did you have any rental or royalty income and expenses?
  3. Follow the on-screen instructions as you proceed through the rental and royalties section.
    • We'll first ask you to enter general information about your rental (description, address, ownership percentage, etc.)
    • Eventually, you'll come to the Rental Summary screen which is where you enter your rental income and expenses, assets and depreciation, and vehicle expenses.

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1 Reply
CathiM
New Member

Form 1098 2017 Turbotax software - how do you enter the information for rental properties? I only could find a 1098 form for home mortgage informaton?

You will enter your mortgage interest as an expense in the rental section:

  1. In TurboTax, search for rentals and then click the "Jump to" link in the search result.
  2. Answer Yes to the question Did you have any rental or royalty income and expenses?
  3. Follow the on-screen instructions as you proceed through the rental and royalties section.
    • We'll first ask you to enter general information about your rental (description, address, ownership percentage, etc.)
    • Eventually, you'll come to the Rental Summary screen which is where you enter your rental income and expenses, assets and depreciation, and vehicle expenses.
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