IRS Form 4562

[rober10243]

I am trying to determine the total amount of depreciation that I have applied to my taxes over the 22yrs I have owned the property. While I do see depreciation identified on Schedule A line 18, Form 4562 is not included in the forms I received when I printed my returns. Where can I get this information?

[DoninGA]

If you used the TurboTax online editions and downloaded a PDF of your return after October 2024, there will not be any worksheets included with the download.

The Depreciation and Amortization Report worksheet will show the total deprecation for the property.

The worksheets should be available in the PDF download for prior year online tax returns after the 2024 TurboTax online editions become available in early December.  Wait for the 2024 online editions to become available and download the 2023 PDF again.

[VolvoGirl]

Where?  Schedule A is Itemized Deductions.   Are you using the Online version or the Desktop installed program?

The actual Form 4562 that is filed with your return is just a Summary of the Depreciation for the current year and only lists out the new assets and not the prior the items. You may have a 4562 Depreciation and Amortization Report which does list all the items including fully depreciated items. 

If you don't have the 4562 Depreciation and Amortization Report or need more info you need the Asset Life History. The history is only available in the Desktop program not the Online version. If you are using the Online version you would have to download your .tax2023 file and open it in the desktop program.

Using the Desktop program you can get an Asset Life History worksheet but you have to do it in Forms Mode, click Forms in the upper right (upper left for Mac) You can't get detailed worksheet showing all the assets but you can get the Asset Life History on each one. It doesn't print out with your return or save in the pdf. So you have to print each Asset Life History individually.