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

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Level 1

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? 

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Level 15
Level 15

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♥¸¸.•*¨*•♫♪

View solution in original post

2 Replies 2
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Level 15
Level 15

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♥¸¸.•*¨*•♫♪

View solution in original post

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Level 8

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

............are we there yet?
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