i'm trying to add the depreciation expense in turbo tax for the rental property. Please help me on how to add this expenses in turbo tax.
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It must be entered in the ASSET section of the expenses.
The program figures depreciation for you automatically. You have to enter the property, along with any other rental assets, in the assets/depreciation section. Then based on the data you enter, the program will automatically figure the correct amount of depreciation.
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