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D
dhrossell
May 14, 2021
Question

Where on Turbo Tax are our Home Improvements that I entered? I can't find them now.

  • May 14, 2021
  • 1 reply
  • 0 views
Where can I enter the Home Improvements we made to the home that we sold?

1 reply

Carl11_2
Carl11_2
Employee
May 14, 2021

Property improvements for rental property are entered in the Assets/Depreciation section in Rental & Roytalty Income (SCH E) part of the program.

If these property improvements were for your primary residence, you don't enter or report them anywhere on your tax return until the tax year you sell or otherwise dispose of the property in a fully reportable and taxable transaction.

 

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