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Can I delete the form Schedule E and have TurboTax recreate it from the worksheets

If, after entering all income data, can I delete the form Schedule E and have TurboTax recreate it from the worksheets to add a second location? I entered two 1099-misc; one for rental with one property location and one for royalties on another. There are two Schedule E WKSheets and one "Schedule E,p1(Schedule E,copy 1)" which lists both rental and royalty data but only one of properties. My 2023 return also had only one property name and may be the origin of the schedule data.

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2 Replies
PatriciaV
Employee Tax Expert

Can I delete the form Schedule E and have TurboTax recreate it from the worksheets

No, don't delete Schedule E. Since you have both rental property and royalty income for the same address, you should have two Schedule E worksheets. However, they will be combined on Schedule E unless you have different property descriptions.

 

If you're using TurboTax for Desktop:

  1. Go to Tools >> Forms and find "Schedule E Wks (property address)." 
  2. Click to open in the large window. 
  3. At the top of the form under General Information, add either "Rental" or "Royalty" to the property description line. 
  4. Repeat for the other Sch E Wks. 
  5. Now open Schedule E, p1 and confirm you have two entries on Line 1 with the same address. 
  6. One should have a "1" on Line 1B and the other should be "6."

In TurboTax Online, you will need to revisit the Rental/Royalty section and edit the property description for your two properties.

  1. Go to Federal >> Wages & Income >> Rental Properties and Royalties (click Add/Edit.
  2. Click Edit (pencil icon) beside the rental property.
  3. Click the pencil icon under the House in the page header (Rental Property Info).
  4. Under General Info, click Edit under the name.
  5. Add "Rental" to the end of the nickname and continue.
  6. Continue back to the list of properties and repeat editing the nickname to add "Royalty."

If you've paid for your TurboTax Online return, you can save a PDF with all forms and review Schedule E to confirm the properties are reported separately. See: Can I print a copy of my return in TurboTax Online before I file it?

 

 

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Can I delete the form Schedule E and have TurboTax recreate it from the worksheets

My final word. I started over from scratch to prove that Windows TTax absolutely does the following for multiple rental and royalty properties.
It properly creates multiple worksheets for different addresses.

It properly transcribes the income and expenses for different properties to separate columns (A,B,C) on one Schedule E.
It properly transcribes the type of property (rental, royalty, etc.) to Schedule E, Part I, 1b.

It does NOT transcribe to Part I, 1a the address from the second (and presumably third) Schedule E worksheet. The delivery to the IRS with a blank address for columns B and C may appear at a glance to belong to the same property and TTax my consider it one property further on.
Postscript: Since Only a partial address is transcribed to Schedule E, (no city or state, which are separate fields on the worksheet) the address is uselessly ambiguous. It would be more helpful in my case to use the description (e.g. mineral rights; land lease) rather than try to remember which address goes with the income stream. At one time I think I encountered a prompt in 1099 form to associate one of the addresses, but wasn't able to replicate that.

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