danlutterman
Returning Member

Get your taxes done using TurboTax

I understand and agree with everything you have told me.

I have found my prior depreciation on my "depreciation and amortization report" of 2009. As of that date my prior depredation was $38537. From 2009 until 2015 ($2136 times 7 years) would be $14952 . My 2016 depreciation was $1750. That all adds up to $55239 by my calculations.

Now with that understanding (and I believe it to be correct) I should still have about 1.5 years of depreciation left.

My costs/net land  is  $58740 and land is $51260. That still give me $58740minus $55236 leaves me with $3504 worth of depreciation left. Have I missed something?

No matter what I try I cannot get my Turbo tax to come up with anything like that . its like I'm missing a form to put passed depreciation in. I always come up with zero depreciation for this year. I am apparently missing something somewhere