Question

Can i use deluxe version for rental property income?

Forum|Forum|7 years ago
June 6, 2019
1 reply
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TurboTax Deluxe Online

Employee

The Deluxe version of TurboTax Online does not support Schedule E, Supplemental Income and Loss, used to report a residential rental - you would need either Premier or Self-Employed version to include rental income and associated deductions.

D

donanice

I don't understand why Deluxe will not handle rental properties. I have used TurboTax Deluxe for the past 5 years 2015-2019 and have complete access to rental forms and data. Why is 2020 Turbo Tax Deluxe no longer useful for rental income???

P

PattiF

You will need to use the Premier version of TurboTax to report rental income. The poster earlier in this thread in 2019 mentioned that the Deluxe version did not support Schedule E, Supplemental Income and Loss and that Premier or Self-Employed was needed for rental property. Premier will ask all of the questions to help find all of the expenses for a rental property.

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