TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Solved

If it says Income from rental real estate and income from royalties must be reported as separate properties on schedule E, what does this mean

Forum|Forum|6 years ago
June 4, 2019
2 replies
0 views

No text available

Best answer by Cindy0H

Yes, you will have a Schedule E worksheet for each of them, but there will be one Schedule E.There can be three properties listed on that form.

https://www.irs.gov/pub/irs-pdf/f1040se.pdf

Here is how if you are using TurboTax:

Business
Rental Properties & Royalties...update
When you get to the summary (see screenshot)...add a rental or royalty

Employee

Yes, you will have a Schedule E worksheet for each of them, but there will be one Schedule E.There can be three properties listed on that form.

https://www.irs.gov/pub/irs-pdf/f1040se.pdf

Here is how if you are using TurboTax:

Business
Rental Properties & Royalties...update
When you get to the summary (see screenshot)...add a rental or royalty

Hello,

I am running into this error. I do not see the screenshot. Can you please post it again ?

If you have one K-1 with amounts in both 1 & 2 then you must split the return into 2 entries ... on the first one you enter everything except the box 2 amount and on the second one enter ONLY the box 2 amounts.

This is what I tried and what I had to do to resolve it for me: I tried entering different $ figures in the box to see if it would clear up the error but none worked. Then I removed the "0." from the box and magically it resolved the error like a charm. I guess Turbox Tax doesn't like anything in the box even if it is a plain "0".