Question

Where do I find my depreciation schedule

Forum|Forum|1 year ago
August 27, 2024
2 replies
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The TurboTax CPA claimed funds but I need to see the depreciation schedule for a new CPA. Does anyone know where I can find it?

TurboTax Live Basic Online

VolvoGirl

The Online version only gives you Form 4562.

Form 4562 is just a Summary of the Depreciation for the current year and doesn't list the items. If you need to see the details,

You need to use the Desktop program. Using the Desktop program you can get an Asset Life History worksheet but you have to do it in Forms Mode, click Forms in the upper right (upper left for Mac) You can't get detailed worksheet showing all the assets but you can get the Asset Life History on each one. It doesn't print out with your return or save in the pdf. So you have to print each Asset Life History individually.

Scroll down the list of forms in your return to a Asset Entry or Asset Worksheet and open it. Then down on line 14 is a QuickZoom button to Asset Life History, Click on that.

If you have the Desktop program or switch to it, see my 2 screenshots on this one to get the depreciation schedule for each Asset.

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-come-my-rental-depreciation-for-current-year-shows-on-line-17-at-form-4562-instead-of-on-line/00/3379976

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danileeg

It looks like you need to pay extra for the Desktop version?

Is there a way to get the depreciation schedule from 2023 just in the online version? Seems a bit silly we'd have to pay and download another version just to receive the full worksheets...

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DianeW777

It depends. If you don't see the worksheet selection when using the Print Center in TurboTax Online, then I would advise you to use the TurboTax Desktop version. You will have all detail for all assets.

How do I switch from TurboTax Online to TurboTax Desktop?

Tips for TurboTax Desktop:

You can get an asset life history worksheet but you have to do it in Forms. Click Forms in the upper right. You can't get detailed worksheet showing all the assets and you can get the asset life history on each one. It doesn't print out with your return or save in the pdf, however you can print each one.

Scroll down the list of forms in your return to a Asset Entry or Asset Worksheet and open it.
Then down to a QuickZoom button to asset life history.

@danileeg

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A

AmeliesUncle

When you downloaded the PDF of your tax return, did you download the "all worksheets" version? If so, it should be in there. You need to look for the one that that says "Depreciation and Amortization Report" (it looks like a spreadsheet; it may be sideways).