- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
I see on your screen it's called "Sale of Property/Depreciation". I just checked my desktop version of Home & Business, and turns out it reads the same as yours. Apparently, TurboTax made this change in wording with no warning. Of course, for something as simple as that, I wouldn't expect a warning. But since you are the first to point it out, I assume that 2020 is the first tax year they made this change. I checked the desktop version for 2019, and it also has "property" instead of assets. No one called me on that last year. So I have no idea when that change was made.
But it's okay for one to have a self-induced thought to figure that out themselves. Even if that self-induced thought is wrong, it's not like the IRS is going to send an unmarked black helo to hog tie one and carry them to the IRS dungeon because they had the audicity to think for themselves. 🙂