I have a new client with a 3rd yr rental, refinanced in 2020, when entering this yr depreciation amount it gets replace by the refinancing points. Is there a screen/form where I enter the depreciation?
I have Turbo Tax premier
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Client? TT is not licensed for use by paid tax preparers.
Yes, there is a way to enter the prior year's depreciation for the third rental. After you have entered the information about the rental and built a profile for it, you should have a rental summary page that have separate categories for. income expenses.
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