I need to amend 2016 return. Once I do, will Turbotax reflect the changes so I can take advantage of the depreciation carryiver in 2017?

[ruchei]

Should I wait until I get the confirmation that my 2016 amended return was accepted before I file the 2017?

[WillK · Accepted solution]

Turbo Tax will not use the amended return information, but your original 2016 information. You can manually enter in the amended return information into your 2017 return if necessary. You do not need to wait until your 2016 amended return has been received and processed. 

You should not try to amend your return until the original return it has been fully processed and you have received your refund or your payment has cleared.
Amended returns do not “catch up” to your original return and replace them; they are processed as two separate returns.  
Amended returns have to be printed and filed by mail.  It can take the IRS up to 12 weeks or longer to process them.   If you are due a larger refund than on your original return, your amended return should only show the difference and you will receive a separate check for it.  If you owe money on your amended return, it will show only the new amount owed, you will have to mail a check with the return. You can check the status of your amended return by clicking here: https://www.irs.gov/filing/individuals/amended-returns-form-1040-x-/wheres-my-amended-return-1

 Click here for amending instructions: https://ttlc.intuit.com/replies/3288565