XL13
New Member

Investors & landlords

I want to depreciate rental properties and want to confirm the information Turbotax is automatically including in the filled in boxes from last year is correct.  Is the number it uses for prior depreciation meant to show just last years depreciation or all total prior depreciation? 

Additionally, I looked at my 2022 tax return on Turbotax where I also depreciated rental properties.  It shows depreciation in line 18 of Schedule E so I believe it correctly included the information last year.  But I cannot find any form 4562 in the copy of the return provided by Turbotax to see my total prior depreciation. Is there a reason it was not included?  Or a way to access it on the website?