Carl
Level 15

Deductions & credits

@Mitzi L if you will just work through the program the way it is designed and intended to be used, you will be prompted for everything. For long term residential rental property, it gets reported in the Rental & Royalty Income (SCH E) section of the program. Generally, that's under the Personal Income tab. If you are using TurboTax Self Employed or TurboTax Home & Business, then it's under the Business tab.

For depreciation, all assets get entered/listed in the Assets/Depreciation section of Rental & Royalty Income (SCH E). Once assets are entered, the 4562 will be generated by the program.