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I’m trying to get the asset depreciation worksheet from previous years’ taxes- anyone know how to find that? It’s not included with the TurboTax documents

 
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PatriciaV
Expert Alumni

I’m trying to get the asset depreciation worksheet from previous years’ taxes- anyone know how to find that? It’s not included with the TurboTax documents

TurboTax creates a worksheet called "Form 4562 Depreciation and Amortization Report" that is included with your tax return. This is a TurboTax worksheet, not an IRS form, that prints when you download your entire return as a PDF file. Look for a form with the name of the schedule first (ex: Schedule E + description), then "Depreciation Report."

 

If you need help obtaining a complete copy of your return, see How do I view, download, or print a prior-year return?

 

If you do not have access to a depreciation report from your prior year return, you have two options:

 

1) Add up the depreciation expense taken each year for each asset that you reported the property/business. For instance, if you've rented the property for 10 years, you would add up 10 amounts, one for each year.

 

2) Accept the prior depreciation that TurboTax calculates for you.

 

This total for each asset from Option 1 should be approximately equal the prior depreciation calculated by TurboTax from Option 2. If it is not, use the total from your records rather than the TurboTax estimate.

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