- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Form 4562 is used to report depreciation on business property. If you don't have one included with your return it could mean the rental property involved has only fully depreciated property or you haven't set up any property to be depreciated. I suggest you look on the asset entry module for that property to see if there is any property listed there and see if it may have been fully depreciated. You will see the asset entry on the screen in the business section of TurboTax that says Review Your (name of rental) Rental Summary. Look for Assets/Depreciation in the list.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 11, 2024
1:10 PM