June 1, 2019 2:55 PM
Please follow the instructions below on how to enter the sale and enter the depreciation taken:
- Click "Personal Income" on the top
- Click "I'll choose what to work on"
- Scroll down to “Less Common Income” and click "Start" next to "Sale of Home”
- Answer "Yes" to the question "Did you sell or have your home foreclosed in 2018?"
- Answer questions until you get to the question “Depreciation after May 6, 1997”
- Enter the Depreciation Taken
- TurboTax will calculate the taxable gain.
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