Yes, I am having the same issue, or a similar issue.
The summary has the correct raw information, as shown below, but miscalculates. Have a look:
TurboTax calculates 8,760 of depreciation, but 241,426/27.5 = 8,779.
Naturally, every previous year with a professional accountant, we've taken the proper amount of 8,779. I can't quite figure out how it's doing this. 8,760 would represent SL depreciation opf 27.56 years, not 27.5 years, so it sure seems like a programming error by way of simple typo in the formula of 27.56 rather than 27.5. It's easy to imagine a programmer accidentally also hitting the '6' key after striking the '5' key.
Your estimated expense for this asset is $8,760
Show Details
Years to fully depreciate 27.5 years
MACRS Convention MM
Depreciation Method SL
Asset Information
Description RENTAL SINGLE-FAMILY
Cost / Cost basis $241,426
Date I started using it in this business 07/01/2012
Business use percentage 100.00 % Business Use
Sold / Retired from business use in 2021 No
Asset Category I - Residential rental
Special Deductions
Section 179 deduction $0
Special Depreciation Allowance $0
