I inherited half a farm. Turbotax "Asset Summary"shows years to depreciate, and gives a depreciation amount. How can I change this? Farm land doesn't depreciate.

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I inherited half a farm. Turbotax "Asset Summary"shows years to depreciate, and gives a depreciation amount. How can I change this? Farm land doesn't depreciate.

You need to input the "land" separately from any other asset. If you are setting it up as a "Farm" then you will indicate in the "Describe This Asset" section of "Farm Assets" that the land is "Real Estate Property". This will not be depreciated. See screenshot attached.

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I inherited half a farm. Turbotax "Asset Summary"shows years to depreciate, and gives a depreciation amount. How can I change this? Farm land doesn't depreciate.

You need to input the "land" separately from any other asset. If you are setting it up as a "Farm" then you will indicate in the "Describe This Asset" section of "Farm Assets" that the land is "Real Estate Property". This will not be depreciated. See screenshot attached.

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