Rental Depreciation

[reliance2023]

I have used turbotax premium for years to track my rental property.  In 2022 I did some capital improvements and added those and they appear on the 4562 and other forms along with the original house cost basis and depreciations.  For 2023 I started by uploading the prior year return, and it did pull in the capital improvements, but not the house cost basis, land, and prior depreciations.  I sold the house January 2023 so trying to calculate the gain, depreciation recapture, etc.  I could do this manually, but unsure why turbotax premier is not showing the house cost/depreciation.  This is the main reason I have paid for the premier version all this time so that it would track as opposed to manual entry.  Suggestions?

[PatriciaV]

Please clarify which version of TurboTax you are using - Online or Desktop? Windows or Mac? If Online, which browser(s) have you used to log into TurboTax?

[reliance2023]

TurboTax Premier - Desktop - Mac 

[PatriciaV]

Have you tried importing your prior year return into a new current year return to see if the assets were transferred properly? Sometimes the transfer process can drop certain information, and the only way to retrieve it is to start a new return.

Your other option is to enter the basis and depreciation information manually when you report the sale.

[reliance2023]

Yes, tried starting over, but for some reason it only pulls the capital improvements and not the rental property itself. Will manually enter, just frustrated with TurboTax that it’s not working. Thanks for your help.