Rental property depreciation schedules

Forum|Forum|2 years ago
February 11, 2024
3 replies
18 views

How do I get a download the depreciation schedules turbotax is supposed to generate for properties I have entered over the years using the online version of turbotax. I have read that the "Depreciation and Amortization Report" should have been included in the pdf download of my return for any given year. That appears not to be the case. What can I do now?

TurboTax Self Employed Online

Anonymous_

Level 15

If you can bring up your Asset Entry Worksheet, you can retrieve your depreciation schedule.

AnnetteB6

Level 15

Whether or not the depreciation schedule is included with your PDF will depend on which option you select when printing your prior year return. The depreciation schedule is generally not something that is included with the forms filed with the IRS. However, you should be able to select that specific form and print it.

Select Specific Forms and Worksheets and scroll through the list until you get to the Schedule E section of forms. The depreciation worksheet should be found there. It may be labeled as Depr Report.

Take a look at the following TurboTax article for more detailed instructions for printing:

How do I print a copy of my tax return in TurboTax?

@rschumtax

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apollo169

Level 2

the option to "Select Specific Forms and Worksheets" is not given to me when I choose to preview / download my return. I am currently using the online version. Is there a different method to obtain the schedule 4562 form for each of my rental properties?

Anonymous_

Level 15

@apollo169 wrote:

...Is there a different method to obtain the schedule 4562 form for each of my rental properties?

The depreciation schedule, a screenshot of which was posted earlier in this thread, is not available in the online versions of TurboTax.

Form 4562 will only be included in your return for the first year the depreciable property is placed in service or if the property is listed property.

mroberts2

Level 2

So, the next obvious question in this chain is "Since it isn't available in the online version, how do I get it?" I just found out. Call support and they will help you to download the desktop version. Then import your tax files into it. (Choose "continue online return" from the first screen). It will take the PDF and magically produce the asset worksheets that you need into the desktop version and you can save them to .pdf files.