Investors & landlords

If your Rental Property assets and depreciation didn't transfer properly from your 2020 return, you may need to re-enter them in the Sale of Property/Depreciation section under Rental Property.  Make sure your property info carried over to the Property Profile section first.

Use your original 'Date in Service' and 'Cost' and TurboTax will calculate depreciation for you on Form 4562 for each asset.  The 'Depreciation and Amortization Report' (landscape form) from 2020 can help you. 

The download version of TurboTax operates  the same as the CD version.

@cecile hanus