Question

Cannot Find "Assets and Depreciation"

Forum|Forum|4 years ago
March 20, 2022
1 reply
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I have TurboTax Home and Business 2021, and need to enter business equipment for depreciation. I have found several places in the forum where people are told to make their way to Business Income and Expenses, and "Select Start or Update next to Assets and depreciation." There is no such section, or any mention of Assets and Depreciation, under Business Income and Expenses. What am I doing wrong?

Thanks.

TurboTax Home & Biz Windows

AliciaP1

You need to click Update on the Profit or Loss from Business under Business Income and Expenses. Click Edit for the business you want to add the asset for. Scroll down to Business Assets and click Start for the Assets Being Depreciated line.

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