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.

Asset Worksheets do not carryover from 2023

Asset worksheets did not carryover from 2023.  Only one of 8 asset schedules for  Schedule E  rental property came forward from 2023. How do I add prior year assets worksheets into the 2024 return.

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
PatriciaV
Employee Tax Expert

Asset Worksheets do not carryover from 2023

If your assets were not sold last year and they are missing from your current return, you will need to manually re-enter the rental assets for your rental property. Use the Depreciation Report that was part of your prior year return so you report the correct basis and accumulated depreciation.

 

TurboTax Online automatically brings your prior information into the current year. But if you're using TurboTax for Desktop, you may wish to transfer your prior return to the current software again and save as a new return. There is no way to import the assets from a prior year return other than the transfer process for a new return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question