Skip to main content
Employee
September 4, 2024
Question

How complicated to do myself?

  • September 4, 2024
  • 1 reply
  • 0 views

I am a residence in the U.S. I purchased a house in abroad (my country) and renting it out in 2023.  I have already filed tax return in my country with reporting those rental income.  I am wondering how complicated for this rental income to report to the IRS by using Turbo Tax software?  Does it get much complicated process? Can I apply depreciation to foreign property as well? 

Any opinion or advice are very appreciated.

    1 reply

    Employee
    September 4, 2024

    TurboTax can handle your scenario and you always have the option to add expert assistance.

     

    See https://turbotax.intuit.com/personal-taxes/online/live/how-it-works.htm