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Special Depreciation used for new roof in 2019. How to treat it for 2020
Hello,
I got my taxes done by a CPA and he used special depreciation for a new roof worth $7680 I put in a rental property. Here is the summary of depreciation for my 2019 taxes.
I am doing my taxes this year and was wondering how to incorporate this information in Turbo tax. Do I add a different asset marked as improvement or should I just use the Cost of my house to be 110,680 (Include the improvement in the Cost)
May 6, 2021
12:35 PM