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March 22, 2025
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If I am taking a standard deduction, but I have a rental property, do I have to list the expenses that come with that property in addition to the income?

  • March 22, 2025
  • 1 reply
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    Best answer by DoninGA

    Yes.  All income and expenses for the rental property are entered on Schedule E.

     

    See this TurboTax support FAQ for entering rental property income and expenses - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-expenses-rental-property/L5swpaUBt_US_en_US?uid=m8knthy7

     

     

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    March 22, 2025

    Yes.  All income and expenses for the rental property are entered on Schedule E.

     

    See this TurboTax support FAQ for entering rental property income and expenses - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-expenses-rental-property/L5swpaUBt_US_en_US?uid=m8knthy7