Yes it does as long as you transfer information from year to year in TurboTax, when you start the new tax year. If the depreciation was there, you did transfer in from the prior year.
I actually had a rental loss myself in 2015 that was not allowed and it was correctly carried over to 2016.
Prior to filing your tax return, after you pay, save a pdf copy of your return with all worksheets and look at the worksheet titled, Schedule E worksheet (name of rental property) as it will show up here. If not, do not file until you get this figured out.
