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TurboTax 2002 -- how enter sale of rental property???

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David C.

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Aug 7, 2003, 2:39:52 AM8/7/03
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I have used Turbotax for years and have entered all expense,
depreciation, etc. information about a rental property over
time. We sold the property in 2002.

This year I went through the usual interview process in
Turbotax Premier and checked the box entitled "I sold or
disposed of this property in 2002." I expected that this
would lead to interview questions about the sales price of
the house, which would flow to a capital gains calculation.
Instead, the program never asked anything about the sale and
I can't figure out where to enter the information. Turbotax
support has been utterly useless.

Does anybody know how to do this?

Thanks,
David C.

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Arthur Kamlet

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Aug 7, 2003, 10:20:32 PM8/7/03
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David C. <agb...@aol.com> wrote:

> I have used Turbotax for years and have entered all expense,
> depreciation, etc. information about a rental property over
> time. We sold the property in 2002.
>
> This year I went through the usual interview process in
> Turbotax Premier and checked the box entitled "I sold or
> disposed of this property in 2002." I expected that this
> would lead to interview questions about the sales price of
> the house, which would flow to a capital gains calculation.
> Instead, the program never asked anything about the sale and
> I can't figure out where to enter the information. Turbotax
> support has been utterly useless.
>
> Does anybody know how to do this?

I have never used Turbo Tax, but the form you are looking
for is form 4797, to report sale of rental property. Does
that help?

__
Art Kamlet ArtKamlet @ AOL.com Columbus OH K2PZH

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