turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dennk1
New Member

Where do I claim the depreciation on my rental home. I have been claiming 2,062 and was told it was for 26.5 years.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
LinaJ2018
Intuit Alumni

Where do I claim the depreciation on my rental home. I have been claiming 2,062 and was told it was for 26.5 years.

If you have not filed, here are the steps (online):

  • Sign into your account and select Take me to my return 
  • At the right upper corner, in the search box, type in schedule e and Enter 
  • Select Jump to schedule e
  • Next screen, Income from Rentals or Royalty Property You Own, answer Yes 
  • Follow prompts
  • On the screen, Review Your Rental Summary, under Sale of Property/Depreciation, select Start.  
  • On the screen, Depreciation for Your Rental Property , select Yes and follow prompts
  • On the screen, Describe This Asset, select Rental Real Estate Property and Continue, follow prompts

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies