Enter Sale of Rental Property: Open your return (if not already open) Enter "rentals" in the Search box. Click on "jump to rentals" link. Answer Yes to the question Did you have any income from rentals or royalties? Follow the on-screen instructions. You will report the sale when you get to the Expenses/Assets (Depreciation) section, along with any other pertinent info (like income and expenses).Be sure to take your time and pay close attention. There is a lot of info and it's easy to miss if you're in a hurry. TurboTax FAQ: I sold my rental property. How do I report that?

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mdcowan1

Question

I sold a rental house and received a 1099-S. Where do i enter a 1099-S

Forum|Forum|1 year ago
February 21, 2025
1 reply
0 views

No text available

TomK2023

Enter Sale of Rental Property:

Open your return (if not already open)
Enter "rentals" in the Search box.
Click on "jump to rentals" link.
Answer Yes to the question Did you have any income from rentals or royalties?
Follow the on-screen instructions. You will report the sale when you get to the Expenses/Assets (Depreciation) section, along with any other pertinent info (like income and expenses).

Be sure to take your time and pay close attention. There is a lot of info and it's easy to miss if you're in a hurry.

TurboTax FAQ: I sold my rental property. How do I report that?

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