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Deductions & credits
Thank you tagteam, but I still am not sure exactly where to enter the info, so let me expand on the details of my question.
I made improvements to rental property, which involved new flooring, new bathroom cabinets, new bathroom toilets, upgraded the baths with new wall tile and floor tile, new shower fixtures, new shower door, new bathroom sinks and faucets, new light fixtures etc. My accountant did my taxes last year but he did not use TurboTax. He depreciated them using the 15-year HY method.
So, I'm now looking for where in TurboTax do I enter the initial value of the improvements, as well as where in TurboTax do I claim the depreciation this year.
Not sure if FEDERAL TAXES -> Rental Real Estate -> "Add Another Rental Asset" is the right place. If so, none of the 4 options in "Describe This Asset" seem to fit.
Thanks again!