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.
