How to enter rental real estate on 2018 planner

[afredrickscpa]

How can you make changes to the amount on rental real estate and royalties in the planner?  

[itonewbie · Accepted solution]

You simply cannot.  The Tax Planner in PTO has many limitations and is just not ready for prime time, IMHO.

[George4Tacks]

I am not even sure it is ready for the time between the flag flying and the farm report (I definitely am showing my age with this reference.)

[itonewbie]

That's when you get infomercials... which are really entertaining... that may the right time :joy:

[George4Tacks]

I am referring to even further back in time. https://www.youtube.com/watch?v=Y2vy96pDsG8

[itonewbie]

Ah, I'm old enough to still remember those days.

[afredrickscpa]

I sadly do not get the references haha! BUT I am glad I’m not just crazy because we could not figure out how to change this number!!

[afredrickscpa]

But I’m still confused why they would leave that part out because it seems like you can change everything else.

[itonewbie]

Not everything else. For a start, you can't change the number of dependents. Someone spotted the other day that you can't change education credit either. For my own purpose, I can understand it's not yet programmed to handle international returns but to not even allow overrides renders the Tax Planner totally useless to me.

[afredrickscpa]

Ok yeah I didn’t even get past the income items so I shouldn’t say everything else.  But yes, completely useless because you cannot even override I noticed too!

[George4Tacks]

@afredrickscpa I will put in a plug for my 2nd favorite tax program Tax Tools  It does a really thorough and down and dirty tax plan, plus dozens of other useful utilities. https://www.taxtools.com/products_tt.aspx

[afredrickscpa]

Thank you!!