JamesG1
Employee Tax Expert

Business & farm

Are you asking about calculating the depreciation expense on new rental property?

  • Under Review you rent summary, click Update to the right of Assets / Depreciation.
  • There are several questions to answer about the property to be depreciated.
  • At the screen Asset Summary, click Show Details to see the full details of what you entered and make sure that you have entered information correctly.

See also this TurboTax Help.

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