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State tax filing
TurboTax does not track depreciation on a year-by-year basis (i.e., the program does not generate a list of the depreciation deductions allowed for each tax year).
Rather, TurboTax generates a depreciation report which lists the cumulative depreciation (for all prior tax years) and the depreciation for the current year.
You should print/save Form 4562 from your tax return each year. This list each property and depreciation information, for your own records.
@richlux
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March 30, 2022
9:51 AM