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Turbotax input Totally Different Depreciation Amount into Tax Form than what it is displaying On Screen and on Supporting Worksheets
Total depreciation shown on "Your Property Assets" screen is $3244. BUT, I just discovered that Turbotax software has entered $4098 as the depreciation entry onto schedule E instead of $3244 (accurate). I cannot decipher where this $4098 came from. It doesn't match anything and when I go back through the interview, Turbotax shows the correct total depreciation on screen ($3244) but $4098 is still entered on the tax form and included in total expense... which is wrong! When I click "search" from within this field the form (sched E), it only references the 2 Asset Worksheets that total $3244, so the values do not match. Please HELP! From where is this $4098 coming? How do I fix this?
‎April 2, 2025
9:59 AM