Reliable1
Level 1
02-24-2022
08:26 AM
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I have a new homeowner association client. I would like to file an 1120-H is there a form in Proseries?
If I end up filing the 1120-S they have been filing is there somewhere I can find verification to be able to take the depreciation on the condominium they all own? They each are receiving a K-1 now with depreciation weighted by ownership.
The president of the association feels this is not correct, but I can't find where there would be reason not to
Thank you
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