Basis for Depreciation Override on Form 4565 for Listed Property in Partnership
I'm working on a partnership return, with a listed property (Truck) that has taken section 179 in prior years. I need to be able to enter the Cost or other Basis as is but enter the Basis for Depreciation as $0 on 4562 so that no depreciation is calculated but the cost basis is still tracked.
How do I do this in ProConnect?
