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February 12, 2024
Question

Do I need to reenter my rental info from last years taxes done by a tax preparer to my new one

  • February 12, 2024
  • 1 reply
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I am going back to doing my tax return this year.  I have rental income and expenses.  Since I skipped doing turbo tax last year, do i need to reenter the depreciation and such? Or does it pick up automatically?

1 reply

Carl11_2
Employee
February 12, 2024

If you did not use TTX to do your 2022 taxes, then you will have to re-enter all rental information manually. One thing you pay special attention to, is that you get the "prior year's depreciation already taken" correct. Otherwise, the current year (2023) depreciation will be wrong.