Schedule E, Supplemental Income and Loss

If you own rental property, receive royalties, or receive K-1s from partnerships, S-Corporations or Estates/Trusts, TurboTax will ask you the necessary questions to make sure your income or expenses are correctly reported. Just walk through the step-by-step process and we will take care of the rest.

If you've already gone through the step-by-step interview and want to jump directly to the entry screen for this topic, follow these directions.

Rental Properties and Royalties

1. Select the Federal Taxes tab (the Personal tab in the Home & Business edition).
2. Select the Wages & Income subtab.
3. Scroll down the Wages & Income screen until you see the Rentals and Royalties group.
4. Click on the Start/Update button to the right of the Rentals and Royalties category.
5. Follow the prompts.

Form K-1s from Partnerships, S-Corporations, and Estates/Trusts

1. Select the Federal Taxes tab (the Personal tab in the Home & Business edition).
2. Select the Wages & Income subtab.
3. Scroll down the Wages & Income screen until you see the Business Items group.
4. Click on the Start/Update button to the right of the Schedules K-1, Q category.  
5. Follow the prompts.

 If you need to correct or change any information you have entered on your Schedule B, the steps you take depends on if you have already filed your tax return.

• If you have yet to file your return, simply navigate to the area you need to change on your Schedule B, and correct or change your information.
  • For example, if you need to correct a Schedule K-1, navigate to that form and make your changes.
• If you have already filed your return, you will need to amend your return. Please click here for instructions.

For questions about printing, please click here.

If you have questions about the availability of Schedule B, please click here.