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Entering rental home depreciation

Where on the 2018 Turbo Tax form do I enter the depreciation for my rental home?

Would it be on the screen that reads "Your Property Assets?" This is confusing to me, as the property, itself, is the asset, correct?

Thank you for your help!

 

 

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2 Replies
PaulaM
Employee Tax Expert

Entering rental home depreciation

At the beginning of the rental section, TurboTax will ask you about the property's cost, land value etc. When you enter data in this section, the program will calculate the depreciation and transfer to the asset section for you.

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PaulaM
Employee Tax Expert

Entering rental home depreciation

At the beginning of the rental section, TurboTax will ask you about the property's cost, land value etc. When you enter data in this section, the program will calculate the depreciation and transfer to the asset section for you.

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

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