Where do I enter the Basis for deprecia rental property my client bought in 2020

[t-o-bookkeepings]

My Client bought land and built a house for rental in 2020.  She began renting the house in November.  

I've entered the income and expenses for the rental, but I don't know where to enter her basis in the land and building for depreciation of building next year.

Help!

[itonewbie · Accepted solution]

You can follow the instructions from these two articles:

https://proconnect.intuit.com/community/federal-taxes/help/how-do-i-generate-form-4562-for-depreciat...

https://proconnect.intuit.com/community/federal-taxes/help/entering-depreciation-for-new-clients/00/...

[t-o-bookkeepings]

Thank you, I saw that but thought it couldn't be that easy!

[itonewbie]

NP, @t-o-bookkeepings and it is.  If the response solves your problem, please consider marking it the solution to help others who have similar questions.

[t-o-bookkeepings]

Not sure how to do that?

[t-o-bookkeepings]

Solution Accepted and Thank you!