My wife owns 50% of rental Property. Do I have to "Enter new disposition" for my wife with the same info or does TurboTax do it automatically?
I sold my Rental property in 2015...I filled out the Capital Gains section and put 50 in the heading "Percentage claimed on spouse's return (if applicable) because she owns 50%.. My question is do I have to "Enter new disposition" for my wife with the same info or does TurboTax do it automatically?
My wife owns 50% of rental Property. Do I have to "Enter new disposition" for my wife with the same info or does TurboTax do it automatically?
Good morning,
If you own a rental property for 50% with your spouse, you have to enter all the informations related to this rental property in your return and in your spouse's return. Including dispositions.
My wife owns 50% of rental Property. Do I have to "Enter new disposition" for my wife with the same info or does TurboTax do it automatically?
Good morning,
If you own a rental property for 50% with your spouse, you have to enter all the informations related to this rental property in your return and in your spouse's return. Including dispositions.
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