For 2025 taxes, is anyone else experiencing TurboTax failing to properly calculate depreciation for rental properties?

[aaron-e-matthews]

Depreciation calculates fine on its own page, but will not populate over to the summary page.

[fxspain]

I am experiencing a problem with TurboTax Premier's calculation (on a Mac desktop) of 2025's depreciation amount for my rental property.  I have managed to speak twice to Turbotax reps about the problem, and while they both apologized for the frustration it is causing, they do not offer a solution (nor a refund).  I hope they change their mind, but they seem to have circled their own wagons in order to fend off legitimate requests for help. Other attempts to get technical help from them to address this same product flaw or glitch led to me being referred multiple times to their paid Expert Tax Advice option which, in my case, would result in my being charged multiple hundreds of additional $$ in cost.   My response to that is that I am not seeking expert tax advice, rather I am seeking technical help from the owners and developers of the product to fix, or recommend a workaround for, a flaw which is fully their responsibility.   My only advice to you would be to see if you can calculate (off-line) the depreciation amount you are rightly entitled to, and then find a way to over-ride the entries that the software yields on your Schedule E Asset Entry Worksheet.

[siebertclan]

YES!!!!!   I am now seeing that TT Premier Desktop failed to even do the depreciation for the last 2 years on my camper that I rent out!!!  I am SO frustrated with TT at this point!  I am tired of it not "reading" my last year tax files correctly and doing what it's supposed to.  I mean, why would it do the depreciation the first year and then completely skip it the next 2 years?  Argghh.....

[MarilynG1]

You could open your return for the last year depreciation was calculated, update if needed, and re-save.  Try transferring this file to the next year's program to see if depreciation is calculated in the Asset Summary section.  You should get a screen stating current year depreciation amount at the end of that section.  If no changes were made to the Asset, but you don't get a depreciation deduction, you may need to Edit/Re-enter your asset. You should see amounts for Cost/Prior Depreciation. 

If you used the trailer for both rental/personal days, it's possible you may not get a depreciation deduction, or if you claimed bonus/179 depreciation the first year.  Review the first year's Depreciation and Amortization Report and check your Asset entries for the first year you set up the rental. 

@siebertclan