I did not - my taxes were done by a CPA. No income for one of my primary businesses so trying to file myself this year. I found the depreciation section for 179 and did it there. Is that correct?
You would enter the Section 179 depreciation if you took Section 179 depreciation there. Any other depreciation will be confirmed or corrected on another screen. Continue to go through the interview questions and TurboTax will ask you questions about the asset such as the cost, the date it was purchased, the date that you started using it in your business, and the MACRS Convention (the portion of the year that you started depreciating your assets). Once you pass the screen you will be at a screen that says Confirm Your Prior Depreciation (See below). There will be an amount that TurboTax calculated. Check this with the amount on your Depreciation and Amortization Report from last year. You can accept the amount or correct it. (This amount does not include the Section 179 depreciation).
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