Section 179 taken in partnership not calculated on the personal taxes

[Babak]

My client received a schedule K from his partnership which had around 340k in section 179 which shows in his schedule K (the partnership had enough income that this deduction didn't turn it into loss). When entering the schedule K in his personal taxes, the section 179 number is not deducted from the income and the entire income shows up in page 2 of schedule E. Hoe can I fix this? Thanks

[PhoebeRoberts]

What does your Form 4562 look like?

[Babak]

The asset shows on the partnership Form 4562 and not personal.

[sjrcpa]

I think Phoebe means the 1040 Form 4562.

[PhoebeRoberts]

The 4562 is completely blank, with nothing on Line 6? You're sure you actually entered the Sec 179 number on the K-1 input screen? Any chance this is a passive activity, and there's no passive income from the K-1, just portfolio income?

[Babak]

Form 4562 is not generated on the personal side. And yes I did input, except the section 179 number is mentioned on line 12 but there's no way to enter on line 12 in the personal return, instead added that number in the QBI section.

[PhoebeRoberts]

You need to put it in the right place if you want the right result. Line 12 has its own subsection, between Lines 11 and 13.

[Babak]

I would have done it if I could. For me after 11ZZ it goes to 13, theres no line 12 in input section for 1065 K-1

[PhoebeRoberts]

Solution posted here: https://accountants.intuit.com/community/proconnect-tax-discussions/discussion/no-line-12-on-1065-k-...