Skip to main content
September 13, 2023
Solved

Where do I find my Rental Property Depreciation Schedules? I am looking to verify what method is being used and if what has been applied each year since using Turbo Tax.

  • September 13, 2023
  • 1 reply
  • 0 views
I believe Turbo Tax asked questions to setup depreciation when I acquired the properties years ago and the calculation has been automatic since, but I would like to verify this has happened for each property.
Best answer by DoninGA

There will be a Depreciation and Amortization Report included in the PDF download for each tax year you reported assets on the tax return.

 

To access your current or prior 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 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 2022 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

1 reply

DoninGA
DoninGAAnswer
Employee
September 13, 2023

There will be a Depreciation and Amortization Report included in the PDF download for each tax year you reported assets on the tax return.

 

To access your current or prior 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 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 2022 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

sonomagtAuthor
September 14, 2023

Thank you for the instructions.  Is the Depreciation and Amortization Report the same as Form 4562?  Since 4562 only shows one year of MACRS Depreciation, I am to assume I need to find and add up all years for a comprehensive perspective of depreciation activity, or is that information in a Turbo Tax Worksheet?

September 14, 2023

@sonomagt don't know what version you us, but I use Desktop deluxe. No report shows the depreciation year by year only prior cumulative and current year.