ZentrifyTax
Level 1

Screen Shot 2024-02-25 at 1.03.31 PM.png

Any input is greatly appreciated about how this functionality works.

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TaxGuyBill
Level 15

I don't know the answer (I use ProSeries, not Proconnect Online), but have you tried typing in a large number and checking what shows up on Schedule C?

For example, if you enter $10,000, does Schedule C show $10,000 or does it show $5000 plus some amortization?

ZentrifyTax
Level 1

Thanks for this. I can see how to input it now. 

Carmine
Level 1

You should run it  through the depreciation area, under amortization under code section 195 which says start up costs or just use the override on the schedule C input that you showed in your question.

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