@Carl wrote:
One of them prints in portrait format and is the one filed with your tax return in the very first year. In subsequent years it's only filed is there's any type of a change to your depreciable assets.
What you are describing is not a report generated by TurboTax, it is Form 4562 and it is filed under the following circumstances:
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Depreciation for property placed in service during the current tax year.
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A section 179 expense deduction (which may include a carryover from a previous year).
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Depreciation on any vehicle or other listed property (regardless of when it was placed in service).
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A deduction for any vehicle reported on a form other than Schedule C (Form 1040), Profit or Loss From Business.
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Any depreciation on a corporate income tax return (other than Form 1120-S).
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Amortization of costs that begins during the current tax year.
