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jetamodeo
New Member

If my prior tax returns have 2 items on a rental property depreciation schedule that has never taken any prior depreciation amounts, how do I enter it on TurboTax?

I want to continue taking $0.  TurboTax keeps putting in amount to depreciate.
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1 Reply
KrisD15
Expert Alumni

If my prior tax returns have 2 items on a rental property depreciation schedule that has never taken any prior depreciation amounts, how do I enter it on TurboTax?

You should take the depreciation since the IRS makes you pay it back, whether you claim it or not. 

 

Depreciation

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