You create a Schedule E Asset Entry Worksheet when you create a asset under your Rental Properties and Royalties.
In TurboTax Online Premium, access the residential rental asset as follows:
- Down the left side of the screen, click on Federal.
- Down the left side of the screen, click on Wages & income.
- Scroll down to Rentals, Royalties, and Farm. Select the down arrow to the right.
- Select Start / Revisit to the right of Rental Properties and Royalties.
- At the screen Your 2023 rentals and royalties summary, select Edit.
- At the screen Here's rental property info, select Edit to the right of Assets Rental property.
- At the screen Your property assets, select Add an asset.
- Follow the screens to enter each asset.
View Form 4562 Depreciation Report at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.