Skip to main content
Level 2
January 16, 2021
Question

Depreciation

  • January 16, 2021
  • 1 reply
  • 12 views

Is there a way to transfer the assets from a 1040 to a 1065 without having to manually enter them?  My client formed an LLC and transferred assets into it.  I want to depreciate the assets for half the year in the 1040 return and then transfer them to a 1065 and take the rest of the depreciation.

This topic has been closed for replies.

1 reply

itonewbie
Level 15
January 17, 2021

Nope.

---------------------------------------------------------------------------------Still an AllStar