Skip to main content

1 reply

June 3, 2019

To enter your rental income and expense in TurboTax, log into your tax return and type "rental (schedule e)" in the search bar then select "jump to rental (schedule e)", TurboTax will guide you in entering this information

 

Alternatively, To enter this transaction in TurboTax Online or Desktop, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab ("Business" tab in TurboTax Home & Business)
  2. Next click on “Wages & Income” ("Business Income and Expense" in TurboTax Home & Business)
  3. Next click on “I’ll choose what I work on” (jump to full list)
  4. Scroll down the screen until to come to the section “Rental Properties and Royalties”
  5. Choose “Rental Properties and Royalties” and select “start’ (or “update” is you have already worked on this section)