spruceds
New Member

Rental Property Depreciation not subtracted from Rental Property income.

In the Federal > Income and Wages Section > Rental Properties and Royalties (Sch E) section, clicking Add/Edit takes you to the "Your 2024 rentals and royalties summary" section. 

After adding the depreciation amount, it shows up on this page.

 

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However, after clicking "Done", the amount is not shown on the next page:

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The net income for the property does not take the property depreciation amount into account. It looks like I've hit a software bug. Is there a way to get around this?