Solved: Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.
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jorge69ijk
New Member

Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.

As an example, I purchased a refrigerator a couple years ago for a rental property. How do I see the amount left to depreciate?

1 Best answer

Accepted Solutions
Lisa995
Level 12

Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.

youre welcome!
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

View solution in original post

3 Replies
Lisa995
Level 12

Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.

Save the return including all worksheets.  You'll find a Depreciation Details page in with the worksheets.  That shows all the information you'll need.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
jorge69ijk
New Member

Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.

Thank you!
Lisa995
Level 12

Hi. How can I tell the total amount of an asset that has been depreciated? Turbotax seems to only show the amount in the current year that is being depreciated.

youre welcome!
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

View solution in original post

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