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wlyttle
New Member

DEPRECIATED NEW CAR LAST YEAR AND DO NOT SEE WHERE TO DO THIS YEARS PORTION OF DEPRECIATIION

 
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CathiM
New Member

DEPRECIATED NEW CAR LAST YEAR AND DO NOT SEE WHERE TO DO THIS YEARS PORTION OF DEPRECIATIION

If you entered the car into TurboTax in 2016, it will carryover to your 2017 return and automatically calculate the depreciation for 2017.  There is nothing you need to do for depreciation. To check this, when you review your return before you file it, make sure Form 4562 for depreciation has been generated.

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CathiM
New Member

DEPRECIATED NEW CAR LAST YEAR AND DO NOT SEE WHERE TO DO THIS YEARS PORTION OF DEPRECIATIION

If you entered the car into TurboTax in 2016, it will carryover to your 2017 return and automatically calculate the depreciation for 2017.  There is nothing you need to do for depreciation. To check this, when you review your return before you file it, make sure Form 4562 for depreciation has been generated.

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