Level 11
01-19-2023
02:11 PM
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Lacerte does not put all depreciation on page 1 Line 16a. The forms instructions specify that rental activity expenses should go on the Form 8825, not page 1.
I'm looking at my 1065 right now, where all the activity is on the 8825, and there are no entries at all on page 1 of the tax return.