Carl
Level 15

Deductions & credits

Reasons this will happen:

1. The program is "NOT" complete yet, and it won't be complete until *after* congress finalizes tax law changes *and* the IRS releases the updated forms caused by those tax law changes. This is particularly known to have affected the depreciation section of the program for every single year of the 20 plus years I've been using the TurboTax program. It is not uncommon for this section to be finalized until the middle of February or after.

2. On the prior year tax return you marked a property or some of its assets as either sold or converted to personal use.

3. You have more than one .tax2021 file on your computer (if using desktop version) and you imported from the wrong one.

4. Even if none of the above describes the situation, I have seen times where when you have 3 or more properties for SCH E, one or more of those properties is not imported for unknown reasons. When that happens, the only recourse (at this point) is to print out the prior year's 4562's (both of them) for that property and enter the data manually.