DianeW777
Employee Tax Expert
Employee Tax Expert

Deductions & credits

Depending on when your foreign property was placed in service TurboTax is calculating the depreciation correctly (40 years for property placed in service before 2018 and 30 years for property placed in service after 2017).

 

The images below will assist you in the flow of the questions and specific key areas to review.

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‎February 14, 2021 6:32 AM
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