Help is my Turbo tax broken?

Forum|Forum|4 years ago
April 16, 2022
1 reply
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I have spent hours working on taxes and I thought I was pretty much done.

But I went back to change on thing and now it is all screwed up.

I have two rental properties and was working on the depreciation.

All of a sudden my tax owed drops from 5900 to 3400.

The summary shows I made zero profit on renting out a house.

This seems impossible as I collected 16.8k in rent and had typical expenses of water power, prop taxes, and then the depreciation. Depreciation is 5k.

In the summary page it shows I have no expenses at all even though they are entered in the pages before this summary screen.

Tearing my hair out trying to figure out why this is happening.

TurboTax Home & Biz Windows

dougw2007Author

In the forms view my other rental has numbers in the from sch e column. This rental has no entries in the sch e form.

dougw2007Author

In my forms view where does the rental income show up on the 1040. Now I have capital gain, dividends social security a small profit from a sch c business but nowhere do I see any income from rentals.