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Level 1

Question

My rental property is entered on TurboTax for multiple years. I am trying to update the 2021 information and it it keeps saying it is a new rental. What do I do?

Forum|Forum|4 years ago
January 28, 2022
2 replies
19 views

It continues to ask for purchase price and wants to recalculate depreciation. Why is not carrying over from last year?

TurboTax Premier Online

Level 11

Why is not carrying over from last year?

Most likely it's a fluke, or you elected to not import from last year's tax return. You may just need to clear your return and start over so you can import from the 2020 tax return again.

With the online version, the ability to clear the return and start over is in Tools, on the left. (I use the desktop version, so not familiar that much with the online version.)

Level 13

Please try the suggestion Carl provided above; if the issue persists let us know.

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