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Deductions & credits
@nelsonfn When you enter your Rental Property info, based on the Cost, Date you Started Renting, etc. TurboTax will generate an amount for Prior Depreciation based on that (whether you actually claimed it or not).
Don't change that amount or enter $0.
This year's depreciation will be added to your Rental Expenses.
Click this link for more info on Rental Depreciation.
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‎February 18, 2021
1:28 PM
3,710 Views