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Level 1
July 1, 2020
Solved

Rental Property or Royalty section of TurboTax and K-1s

  • July 1, 2020
  • 2 replies
  • 27 views

Hello, 

This may be a dumb question, but I'm asking because I notice a discrepancy in how handled PY versus CY. Is the Rental Property or Royalty section of Turbo Tax supposed to include the rental properties we partially own as part of a limited partnership, for which we get a K-1? 

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

I think you may be in the wrong place...this forum is for tax professionals using Intuit's professional tax software, it appears you may be looking for DIY help.

Please visit the TurboTax Help site for DIY support, they may be able to help you.

2 replies

Just-Lisa-Now-
Intuit Community Champion
July 1, 2020

I think you may be in the wrong place...this forum is for tax professionals using Intuit's professional tax software, it appears you may be looking for DIY help.

Please visit the TurboTax Help site for DIY support, they may be able to help you.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
dkh
Level 15
July 1, 2020

If you received a K1 how and why would that be entered on Schedule E rental?