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State tax filing
The property was not fully used for rental purposes last year so I marked it to ensure that I do not take credit for the full year. It shows me the depreciation amount under " Your Property Assets", keeps special depreciation and Section 179 as zero. When I click on Done and come back to the " Review your rental summary" it shows me the total for Rental Income and Expenses and keeps the Assets/Depreciation as zero. I am not sure how to get this fixed as without the depreciation expense I would be overpaying taxes. Any insights? I am using the Turbo Tax Desktop Premier version for Mac like every year.
‎April 12, 2023
5:30 PM