How do you enter the asset EQUIPMENT information (Description, Date in Service, Cost, Basis, Method, Prior & Current deprec.) for prior year -and- current year EQUIPMENT in TurboTax Home & Business 2020 DESKTOP on a MAC? Yes, it is late 2023 and I am just now filing for the 2020 tax year. I’ll be doing 2021 & 2022 w/ TurboTax as soon as I figure out this depreciation issue in TT 2020. I have overpaid all my prior year pre-payments, but did not file... until now. In two + days of Googling this, I have found no answers for "equipment" depreciation. I'm very frustrated, so I searched for a TT forum, and here I am. ;o)
If there is no way to do this in TT Home & Business '20, '21, & '22, what can I do as a workaround?
Thank you, I really appreciate any assistance if there is a way to do this.
