Depreciation Expense Transfer to Schedule E

user17720701181 · ‎February 25, 2026

TurboTax is calculating depreciation expense correctly for my rental real estate. However, schedule E shows zero for the depreciation expense line item. Am I doing something wrong?

ThomasM125

One possibility is you took the Section 179 expense option for your asset and you had a loss on the rental so it wasn't deductible in the current year. Another option is you entered the asset for the wrong business or rental by mistake, so it is showing on another rental or business schedule.

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user17720701181

Thanks, but neither applies. I put two assets in service in 2023 and one in 2024, all relate to a single rental, my only activity with depreciable assets. No section 179 expense was taken related to any of the assets. TurboTax is calculating MACRS depreciation correctly, although nothing transfers to schedule E. It seems like a problem with the software. Any additional advice is appreciated.