The basis for depreciation would be the same as it was for 2019. By using the 2019 return to enter the information for the asset (including each capital improvement) the prior depreciation will automatically calculate.
Before taking the next step, keep checking back to the Forms Availability dates. Currently Schedule E is January 21st.
If there were several assets and you would like to to see if they will transfer or import into 2020 you can follow the steps below. Keep in mind you may have to clear and start over.
This links below may provide some helpful tips to correct the problem. Here are two articles for assistance.
If you prefer not to start over, then you would have to add the assets manually in the rental activity to accurately calculate the sale. With the 2019 return open or the depreciation worksheet printed you would have the information you need.
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