Skip to main content
February 19, 2024
Solved

Entered the wrong address for rental property on Schedule E

  • February 19, 2024
  • 1 reply
  • 0 views

While reviewing my 2023 tax return I notice that I listed the city that I live in and own other rentals in, instead of the city it should be by mistake. The towns are side by side. I checked my prior returns and apparently I entered the address wrong when the rental was first placed in service in 2020 and never caught it. Do I need to edit this entry before filing my completed taxes for 2023, if that is even possible?  Should I amend the tax returns for the 2020, 2021, and 2022 tax years? 

Best answer by TomK2023

Just make sure your rental address information is correct on your 2023 tax return (and subsequent returns).

 

Per the IRS, you should file an amended return if there's a change in your filing status, income, deductions, credits, or tax liability.

 

Edit the properties address under the Property Profile for the rental.

 

To make changes to your rental property section:

  1. Open your return.
  2. Enter schedule e in the search box.
  3. Click on jump to schedule e link.
  4. Click on Edit, then Rental Property, and Continue.

This will allow you to make changes to your rental property.

 

@cottagecharm11 

 

[Edited 2/19/24 | 3:00pm PST]

1 reply

TomK2023Answer
February 19, 2024

Just make sure your rental address information is correct on your 2023 tax return (and subsequent returns).

 

Per the IRS, you should file an amended return if there's a change in your filing status, income, deductions, credits, or tax liability.

 

Edit the properties address under the Property Profile for the rental.

 

To make changes to your rental property section:

  1. Open your return.
  2. Enter schedule e in the search box.
  3. Click on jump to schedule e link.
  4. Click on Edit, then Rental Property, and Continue.

This will allow you to make changes to your rental property.

 

@cottagecharm11 

 

[Edited 2/19/24 | 3:00pm PST]

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 19, 2024

I was able to edit the city and zip code for 2023,  and have printed the corrected copies of Schedule E and the Schedule E worksheets. Those seem to be the only documents that listed the city.