Solved
Form 3115 - Catchup Depreciation amount not linked to Schedule E
Hello,
My client placed a rental property in service in Nov 2015 and sold it in Mar 2020. No depreciation was claimed. I completed form 3115 to catch up on depreciation for 2015 - 2019 and ProSeries is automatically calculating the 2020 depreciation up to the sale in Mar 2020. However, the catchup depreciation from Form 3115 is not flowing through to schedule E "Other".
Is there a manual step I need to complete to link the 3115 adjustment amount to schedule E?
