Where would I input the Depreciation expense amount and "Taxes & Licenses" amount in Lacerte

[bpua]

In the expense section of a Client's Profit and Loss Report, They have a "Depreciation Expense" amount and a "Taxes & License" amount. Where would I input these said amounts?

[mojocpa]

Which module? Are you talking about book or tax depr?

[George4Tacks · Accepted solution]

Assuming 1040 Schedule C - 

Depreciation link is at the very top of Screen 16

Taxes & Licenses can go in Taxes and Licenses (4 choices there)

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Your previous question was about Partnership

Depreciation - Screen 14

Taxes & License - Screen 13 - Either Licenses and permits OR Taxes (6 choices here)

[abctax55]

But you don't directly (override) enter the depreciation expense from the P&L; you enter all the assets & the depreciation flows to the proper schedule.