topic I want to file my rental reimbursement for 2020 it won’t let me do this? in Investors & landlords

I want to file my rental reimbursement for 2020 it won’t let me do this?

Loriaff — Wed, 11 Nov 2020 22:06:04 GMT

Re: I want to file my rental reimbursement for 2020 it won’t let me do this?

pk — Wed, 11 Nov 2020 23:12:59 GMT

@Loriaff , I am not sure I understand your question -- so please tell me more -->

(a) are you a renter whom have received a refund from the landlord ? OR

(b) are you an landlord whom had to refund the deposits ( security / last month/pet deposit etc. ) back to the renter ?

(d) OR ??

I ask because in case you are a renter, the refund of the deposit is not a tax event. If you are a landlord, the return of deposits do not constitute an income and therefore not a tax event. The insurance reimbursement may be a tax event depending on circumstances and facts on the ground. Therefore please tell me more

Re: I want to file my rental reimbursement for 2020 it won’t let me do this?

xmasbaby0 — Thu, 12 Nov 2020 04:37:53 GMT

@Loriaff And....it is too late to e-file anything for 2019 and too soon to e-file anything for tax year 2020. The system is in transition from 2019 to 2020. Nothing can be e-filed at this time.

This is only a guess---but are you trying to do something with a renter's credit for a state return? If so, for what state? And what tax year?

Re: I want to file my rental reimbursement for 2020 it won’t let me do this?

Loriaff — Fri, 13 Nov 2020 12:33:14 GMT

Thanku u answered my question

Re: I want to file my rental reimbursement for 2020 it won’t let me do this?

Loriaff — Sun, 22 Nov 2020 22:29:19 GMT

Will it let do this if I’m not filing taxes.. for the year 2020.

Re: I want to file my rental reimbursement for 2020 it won’t let me do this?

xmasbaby0 — Sun, 22 Nov 2020 23:20:42 GMT

You cannot prepare a rent credit form using TurboTax unless you prepare a federal and state return using the TurboTax software. Go to the state's tax web site to get the form and prepare it by hand.

https://ttlc.intuit.com/questions/1901670-how-do-i-contact-my-state-department-of-revenue