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danlin-garza
March 20, 2025
Question

Schedule E Worksheet - what is question 8 looking for? Total amount of land included in the cost

  • March 20, 2025
  • 1 reply
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The error I'm getting is that the value I put in is too large. What is this field looking for?

    1 reply

    SharonD007
    SharonD007
    March 20, 2025

    The value of the land has to be lower than the cost that you paid for it because land can't be depreciated. You can find the value of your land on your property tax statement.

     

    If you select on the Learn More, it will provide more information.

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