JamesG1
Expert Alumni

Get your taxes done using TurboTax

In TurboTax Premium Online, within the self-employment activity, the depreciation characteristics are determined at the screens Describe This Asset and Tell Us a Little More.

 

To review the asset under Self-employment income, follow these directions.

 

  1. Down the left side of the screen, click Federal.
  2. Down the left side of the screen, click Wages & Income.
  3. Click on the drop down arrow to the right of Self-employment.
  4. Click to the right of Self-employment income and expenses.
  5. At the screen Your 2024 self-employed work summary, select Edit.
  6. At the screen Here's your info, click the pencil icon to the right of Assets.
  7. At the screen Do you want to go directly to your asset summary, select Yes.
  8. At the screen Business Asset Summary, select Edit to the right of the asset to review.

 

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