The value of the land is not included in the depreciation calculation because there will not be wear and tear to devalue it because it was being use for business purpose, the way that happens with a building. Land value is often listed on your Assessment which is used for assessing Property Tax but not always. If you need help with that, contact your assessor's office. Or a local Real Estate Broker might also be able to help. The relative value of the land will vary depending on its location.
For the amendment, this information cannot be changed at this time and you should wait until the return is either accepted or rejected. If your return is rejected, you will be able to modify before you resubmit.
If your return is accepted, you can amend, or correct, your return if the original entries need correction. There is no additional charge to use Turbo Tax to amend your federal or state return but you will need to wait until the IRS and your state have finished processing the original return. You do not want two copies of your return there at the same time and sometimes they make adjustments.
This is a TurboTax Help article with some Do's and Do nots of amending.
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