@rajamony wrote:
Can you help me understand what these numbers mean and why they're different from what's in form 4562?
The Asset Life History report in TurboTax displays prior year depreciation for each tax year the asset was in service and the deduction for each year (as well as the AMT information).
After the first year an asset is placed in service, you won't have a 4562 unless you have listed property. Note the information under Who Must File:
https://www.irs.gov/instructions/i4562#en_US_2022_publink1000309252
