How do I find the depreciation/fixed asset schedule that TurboTax has created for rental properties showcasing the accumulated depreciation and history of assets bought?

Forum|Forum|6 years ago
March 6, 2020
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TurboTax Online

mglauner

Look for Form 4562 in your tax return (a sideways page).

A Depreciation and Amortization report is generated each tax year that you use TurboTax which lists all assets for the business or rental property that you have entered.

Or if you are reporting the business use of a vehicle for the current tax year on page 2 of the form.

Click this link for more info on Business Depreciation.

Carl11_2

Employee

Since you're using the online version of Turbotax, forms mode is not available to you. Therefore, after you complete the return, pay your filing fee (so you can save it in PDF format) and download the saved PDF file, you'll find what you need in the PDF.

There will be two IRS Form 4562's related to that rental property. Both print in landscape format. One is titled "Depreciation & Amortization Report" and that's most likely the one you're interested in. That shows the list of assets, date the asset was placed in service, cost basis of that asset, the total of all prior year's depreciation taken, and the current year's depreciation.

shalabhj

hi Carl! thanks for the detailed answer .. but i cannot find the second document .. the spreadsheet which shows the "Depreciation and Amortization Report"

i just see the 4562 form to be filed to IRS

Critter-3

Keep looking ... save PDF WITH the worksheets to see it ...

To access your current year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/

Scroll down to the bottom of the screen and on the section Your tax returns & documents click on Show. Click on the Year and Click on Download/print return (PDF)

Or –

When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.

This will take you back to the 2020 online tax return.

Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets