ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The form 4562 would only be necessary if you added assets in the current year. The associated depreciation would appear on line 18 of your Schedule E. 

 

For the qualified business income (QBI) issue, you need to review your rental entries and when you get close to the end of that routine, you will see a screen that says Let's see if you're eligible for the QBI safe harbor. You need to work through that section and indicate that your property qualifies for QBI treatment if that is true.

 

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