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Level 1
posted Apr 2, 2021 12:48:37 PM

Why did TurboTax not bring my rental depreciation forward this year? I have had the depreciation deduction in TurboTax ever since I started renting the property in 2011.

The residential depreciation deduction is missing from my rental property and no history is being carried forward for the prior depreciation taken.

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1 Best answer
Level 1
Apr 3, 2021 5:28:25 AM

I found the answer to my own question if someone else has this problem: https://ttlc.intuit.com/community/asset-depreciation/help/how-do-i-fix-my-rental-properties-and-royalties-sch-e-to-file-my-2020-return/01/1840279#M7356

3 Replies
Level 1
Apr 3, 2021 5:28:25 AM

I found the answer to my own question if someone else has this problem: https://ttlc.intuit.com/community/asset-depreciation/help/how-do-i-fix-my-rental-properties-and-royalties-sch-e-to-file-my-2020-return/01/1840279#M7356

Level 2
Apr 15, 2021 3:13:58 AM

I was able to follow video and added asset and it picked up depreciation from 2019  summary
before filing taxes is there a way to check this its actually included 

if before filing can see this form info to make sure preview its included 

as it wasn't there till add asset for me

>Form 4562 Depreciation

Expert Alumni
Apr 15, 2021 7:51:01 AM

Yes. If you are in the Online program you will have to upgrade to Premier and pay before you have access to your forms. If you are in Desktop, go to Forms Mode in the upper right corner.