Carl
Level 15

Investors & landlords

You need to pull up the IRS Form 4562 from your 2019 return. There are two of those forms for your rental property. Both of them print in landscape format. One is titled "Depreciation and Amortization Report" and is most likely the one you need. The other is titled "Alternative Minimum Tax Depreciation" and if that one is needed, you will be specifically asked for "AMT Depreciation".

If you used the online version to prepare your 2019 tax return, then you need to download the PDF file from your online account. The forms will be in that PDF file.

If you used the CD/Desktop version to prepare your 2019 tax return, then you need to open the 2019 tax return in the TurboTax 2019 program on your computer.

- Under the FILE tab select the "Print/Save for your records" sub-tab.

- Click the "Save a PDF" button.

- Select the "Forms and supporting statement" radio selection box.

- Click the "Save as PDF" button.

This will save a PDF file to your computer with absolutely everything; all calculation forms and worksheets including the 4562's mentioned above. . So you can expect it to be over 100 pages. Search that PDF file for the two 4562's mentioned above.

On the 2019 from 4562 add together the amounts in the prior depr column and current year depr column. That total is the amount you should have for that same asset on your 2020 tax return, in the prior years depreciation.