- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Basis/Depreciation Adjustment for rental property without override?
Is there a way within Turbotax to adjust the basis (and consequently the subsequent depreciation) of a 27.5 year property without doing an override? Basis adjustment is needed because of excess insurance proceeds for casualty repair. Proceeds exceeded cost of repair.
If I override I can not file electronically and would like to find a way within the program.
‎February 3, 2020
6:25 AM