taxprepp
Level 3

Thank you for the help. Any thoughts regarding the other item listed on the Carryforward to 2021 Smart Worksheet for Schedule E:

The 'M Vacation home depreciation' carryforward is nowhere. PTO is correctly handling all depreciation issues for Unrecaptured Section 1250 Gain and Section 1245 depreciation recapture for assets shown on the Form 4562 Depreciation and Amortization Report. Should the Vacation home depreciation carryforward be somewhere? Or is it a duplicate of other?

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