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Investors & landlords
Thank you for your helpful reply AmeliesUncle!
Can one of the Tax Experts confirm this is the proper way I should be entering my "prior year depreciation" on my CA state return; and whether TurboTax will be able to track it and automatically transfer it into my tax returns going forward; or if I need to do this manual exercise of calculating & entering my "prior year depreciation" every year. I didn't get prompted for this last year by the way. Please let me know, thanks!
March 26, 2025
9:49 AM