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How do I report income and losses from my rental property?

If you own real estate or other property that you rented out during the year, you can use Schedule E to report your income and expenses related to this activity. 

Go to this section in Credit Karma Tax: Rental Real Estate Income

Credit Karma Tax will help calculate the portion of your expenses that are deductible based on the information you provide.

You can learn more About Schedule E (Form 1040), Supplemental Income and Loss from the IRS.

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