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Has anyone else had an issue with all the depreciation from 2021 along with all the asset sheets not carrying forward to 2022 on 1065 Partnership returns? I have deleted the client and re-transferred them and it still does not carry forward. I really don't want to type all these in again. It's a lot of assets. Everything else is there and appears correct, but it's like there was no depreciation at all in 2021. Am I missing something here? I checked another partnership return and it appears okay for 2022 with the depreciation and asset sheets transferred from 2021.
Thank you in advance for any input.
Greg
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No problem for me. 20+ properties transferred with correct depreciation
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Did you import depreciation from Fixed Asset Manager for this client in 2021?
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Last year was my first year for this client. I entered all their ongoing depreciation and new depreciation into proseries then. Did not use FAM. I ended up going back into 2021 and re-entering all of it once again and then it worked when I transferred to 2022. Not sure I really know what was wrong, but it's fixed now. Thank you.
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No.