You'll need to sign in or create an account to connect with an expert.
I don't know what you mean by a "depreciation scale". Assets are entered into TurboTax after entering your income and expenses. TurboTax automatically calculates the allowed depreciation based on your asset entry information. They remain in the Asset Summary of TurboTax until you edit the asset when you dispose of it. You can and should print out a copy of your Depreciation Report each year to keep with your tax records. TurboTax will automatically carry your allowed depreciation forward year after year. If you are using the online version and log into the same account as last years, your 2016 allowed depreciation should be already showing in TurboTax. To find your Asset Summary, Edit your farm and go to Farm Asset section, click Start or Update.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
smlucio
Level 1
dmarchello
New Member
CMG414
New Member
johnjames9
Level 2
jraybe1
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.