Your ending depreciable assets balance may have carried over automatically from the beginning balance and TurboTax may be reading it as a zero. To fix this:
- Click on Step-by-Step in the top right corner.
- Choose Federal Taxes and then Balance Sheet
- Click Edit next to Balance Sheet and then click Quick Entry.
- in the second column, enter 205,000 as the ending balance for your Buildings and other depreciable assets.
- Click Done. Ensure your total assets on this screen are correct. Based on the screenshot you provided, your total ending assets should be $858,816.
