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Investors & landlords
Form 4562 for Depreciation for Schedule E will be finalized by the IRS on 1/14/21.
Click this link for a list of Federal Forms Availability
If your Rental Property is not showing in the Assets section, you may need to transfer your 2019 again after the form update on 1/14/21.
TurboTax will calculate the depreciation for you when you indicate date you started renting and price of the home/land.
This link has more discussion on Rental Depreciation in TurboTax for 2020.
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‎January 13, 2021
11:19 AM