https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/amending-a-return-to-decrease-the-rental-income/01/3623371#M124019 <P>I am amending a return. The rental income was entered incorrectly and needs to be decreased. How do I decrease the rental income? Tried decreasing it but turbotax decreases the refund substantially. It should go the other way...</P> Thu, 03 Apr 2025 14:55:47 GMT elisantonieta 2025-04-03T14:55:47Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/amending-a-return-to-decrease-the-rental-income/01/3623371#M124019 <P>I am amending a return. The rental income was entered incorrectly and needs to be decreased. How do I decrease the rental income? Tried decreasing it but turbotax decreases the refund substantially. It should go the other way...</P> Thu, 03 Apr 2025 14:55:47 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/amending-a-return-to-decrease-the-rental-income/01/3623371#M124019 elisantonieta 2025-04-03T14:55:47Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-amending-a-return-to-decrease-the-rental-income/01/3623456#M124021 <P><SPAN style="font-size:14px;">When amending a tax return, the refund meter in the upper left hand corner of the screen is set to zero.</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">In TurboTax Premium Online, correct or edit rental activity income by following these steps:</SPAN></P> <P>&nbsp;</P> <UL> <LI><SPAN style="font-size:14px;">Down the left side of the screen, click on&nbsp;<STRONG>Federal</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Down the left side of the screen, click on&nbsp;<STRONG>Wages &amp; income</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Click to the right of <STRONG>Rentals, Royalties, and Farm</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Click to the right of <STRONG>Rental Properties and Royalties</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">At the screen&nbsp;<STRONG>Your 2024 rentals and royalties summary</STRONG>, click the pencil icon to the right.</SPAN></LI> <LI><SPAN style="font-size:14px;">Click the pencil icon to the right of <STRONG>Income</STRONG>.</SPAN></LI> <LI><SPAN style="font-size:14px;">Adjust the income entry.</SPAN></LI> </UL> <P>&nbsp;</P> Thu, 03 Apr 2025 15:20:18 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-amending-a-return-to-decrease-the-rental-income/01/3623456#M124021 JamesG1 2025-04-03T15:20:18Z