How do I estimate tax on a rental real estate sale?

There is no easy way to do this.

The best way is to set up a mock tax return using an additional TurboTax Premiere or Self-employed online product.  You don't have to pay for it until you file, and you're not going to.

Post your 2022 tax information.  

• This is so you have a base to work from.  
• Be sure you include any passive losses and include any you accumulated in 2022.
• You will need all of you depreciation data.  Again, update it for 2022.
• Estimate your sale price and expenses.

Post the sale of your property.

I sold my rental property. How do I report that?

If this does not completely answer your question, please contact us again and provide some additional details.

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