Get your taxes done using TurboTax

Anonymous_ · ‎February 1, 2020

@dmichael58 wrote:

The Special Depreciation Allowance that I took in 2018 is not showing up on my form 4562 of my 2019 return.

I am not sure what is happening with your tax file, but the special depreciation allowance is not supposed to show up on Form 4562 the following year.

However, you should see the asset, whether it is a rental or business asset, and the special depreciation deduction that was taken the previous tax year (see screenshots).

Further, the allowance should appear on the Depreciation and Amortization Report.