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how and where can i locating form 4562 to depreciate and the expenses. pleae help

sammy111 — Mon, 13 Apr 2026 19:37:30 GMT

i want to deprecate my newly bought vehicle over 6000Lb in 2025 for my LLC . I cant find the form to depreciate and deduct this expense

I have a rental property in the Netherlands for which I get deductions. I mistakenly removed all the information. How do I get for that item to show up in TurboTax?

indrani_sinha — Mon, 13 Apr 2026 19:37:10 GMT

The information should be stored in TurboTax

Re: Question regarding rental property taken out of service 12/31/24, but sold 5/15/25. Turbotax ...

user17756490410 — Mon, 13 Apr 2026 19:31:59 GMT

I really don't feel comfortable lying on so many things. Turbotax needs to fix this. If I answer correctly, Turbotax takes $4900 of depreciation for the half year I didn't hold it out as a rental. (Even though it shouldn't.)

But the flip side is that I sold the house in the same year, so I immediately recapture that $4900 I got to write off just a minute earlier.

Wouldn't this be a cleaner way to handle things without using so many entries I know are wrong and would not be able to justify in an audit?

(The ideal solution would just be to override the depreciation for 2025 and put it at 0 for 2025 which is what it SHOULD be, but my understanding is if I use an override I can't e-file and lose some other protections.)

I am looking the form where rental property depreciation was calculated. It is missing in my return

santhoshsriniv — Mon, 13 Apr 2026 19:25:09 GMT

I used Turbo Tax expert service last year and the expert calculated depreciated amount that goes in line 18 of Schedule E of form 1040. I am trying to understand how this amount was computed. But the calculation is not available anywhere. How do I understand this calculation.

Re: Can someone help me confirm that depreciation recapture on the sale of a rental property is b...

PatriciaV — Mon, 13 Apr 2026 19:15:02 GMT

The proportion of the gain related to the rental activity is calculated by TurboTax when you indicate that you used the property as a rental in the past. While the full amount of the depreciation recapture is taxable, only a portion of the gain will be taxed.

Re: Do I get Renter's Credit for a $2,000 a month rent?

CesarJ — Mon, 13 Apr 2026 19:12:42 GMT

It depends. Many states offer a rent credit or renter's tax credit to eligible renters. Some of these states include California, Colorado, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, New York, North Dakota, Pennsylvania, Rhode Island, Utah, Vermont, and Wisconsin.

To find and file the rent credit form for your state, you typically need to go to your state's Department of Revenue or Taxation website. Most states provide an application or claim form specifically for the renter's credit. You must meet the income, age, residency, and rent payment requirements set by your state to qualify.

In TurboTax, after completing your federal return, you will have the option to file your state return where you can enter information about rent credits if applicable.

Re: Need to file rent credit

CesarJ — Mon, 13 Apr 2026 19:11:17 GMT

In TurboTax Online, to find and enter the renter's credit, follow these steps:

1. Go to the State Taxes section after completing your federal return.
2. Select your state return to access state-specific credits.
3. Look for a section labeled Deductions & Credits or Credits.
4. Find and select the option for Renter's Credit or similar.
5. Follow the on-screen prompts to enter your rent and other required details.

This will help apply the renter's credit if your state offers it and you qualify based on income and residency rules.

Do I get Renter's Credit for a $2,000 a month rent?

Joelens — Mon, 13 Apr 2026 19:10:29 GMT

In the past, Turbo Tax calculated depreciation for my rental property. This year, my previous year's tax didn't get imported. How do I enter rental asset depreciation?

manan-syal — Mon, 13 Apr 2026 19:08:57 GMT

Need to file rent credit

Casper646285 — Mon, 13 Apr 2026 19:04:51 GMT

Please put the page up so that I can fill out the form

on final review capital asset sales workwheets flagged. tried to enter info but it is incorrect how can i fix it?

lmund57 — Mon, 13 Apr 2026 19:03:44 GMT

how to access Capital Asset Sales Worksheets?

Report Crop Share Farm Rental Form 4835

contactjohnmorris — Mon, 13 Apr 2026 19:02:42 GMT

I need to report crop share farm income.

Re: Special Depreciation Allowance

PatriciaV — Mon, 13 Apr 2026 19:01:46 GMT

This is a known issue in TurboTax and the latest estimate for the update to be released is April 19, 2026, which is after the filing deadline.

You have to options:

Request an extension of time to file, pay the taxes you think you owe now, and file after the update has been released. See: How do I file an IRS extension (Form 4868)?
File now, pay the taxes you think you owe, and amend after the update is released. See: How do I amend my federal tax return?

@go314nathan

Re: where in the broker statement can I find the portion showing capital gains from US obligations?

Mike9241 — Mon, 13 Apr 2026 18:54:50 GMT

There would be no separate section. They would be included in other sections.

Re: Filing year 2025, Schedule K1 has zero in Box 13-K. Do I still need to submit 8990?

PatriciaV — Mon, 13 Apr 2026 18:53:39 GMT

If there is no expense relating to Box 13 Code K, you may uncheck the box so the program isn't looking for an entry.

Code K is used for portfolio deductions that should be reported on Schedule A. Be sure you check the Supplemental Information that came with Schedule K-1 to be sure there isn't something you need to report elsewhere.

where in the broker statement can I find the portion showing capital gains from US obligations?

asterix58 — Mon, 13 Apr 2026 18:53:11 GMT

Remodeling property prior to renting

jennaforbes70 — Mon, 13 Apr 2026 18:49:10 GMT

I purchased my first residential rental property under an LLC in 2024 that has underwent major remodeling. The work went into 2025 and contractor did not finish the job. The property is still not ready to rent. Do I list this property on my 2024 and 2025 taxes since it is not "ready"? If not, would all of the investments be considered start up costs?

Re: Schedule E Property Profile Needs Review-This is making me reenter all my rental properties. ...

PatriciaV — Mon, 13 Apr 2026 18:33:44 GMT

Please clarify the experience you're having in TurboTax Online. Are your rental properties tagged as "Needs Review"? Or were your rentals not transferred from last year?

The review tag may be browser-related. Please log out of TurboTax Online, refresh your browser, and clear your cookies and cache. Then restart your browser and log into TurboTax again. Or try a different browser.

For more help, please see:

The transfer issue can only be resolved if you clear your return and start over (How do I Clear and Start Over?).

Re: Form 4562i Part III Column C for basis for depreciation, multiply cost basis by % of business...

PatriciaV — Mon, 13 Apr 2026 18:19:54 GMT

In this instance, depreciation calculations are separate from expense allocation, even if the percentages are the same. You could have TurboTax allocate 50% of the rental expenses to the rental activity but rent the entire asset for depreciation.

To confirm you have reported the correct allocations and percentages, return to the Rental Property and review your entries for rental expenses. The amounts on Schedule E for that activity should reflect the allocation percentage you provided to the software for expenses.

Now go to your Rental Assets and review your entries for the main asset (the residence). If you enter the entire basis for depreciation and say that the asset is used 100% as a rental (no personal days), the depreciation will be calculated as 100% of the allowable for this tax year. However, if you enter only half the square footage or report that you used it only 50% as a rental, the depreciation expense will be half the allowable for the year.

The TurboTax worksheets that provide the detail for these calculations are the Schedule E Worksheet under Expenses and the Asset Entry Worksheet Line 6 and lines 37-57.

Re: I have a private investment loss of a company that has gone out of business but I cannot get ...

davidrx — Mon, 13 Apr 2026 18:18:44 GMT

There is no "Other" option for recording the sale of shares of a private company. Everything assumes you have a 1099-B and then TurboTax won't got further if you dont identify the company that is supposed to have sent you the 1099-B.

So, how do you record the sale of stock in a private company?