Skip to main content
Level 1
December 7, 2019
Solved

Married couple now divorced in 2018 and filing seperately. still own rental property 50/50. Program splits expenses 50/50 except depreciation. will an overide go through?

  • December 7, 2019
  • 1 reply
  • 7 views

If I overide the depreciation deduction to reflect a 50/50 split, will it go through electronic filing?

If not, must they alway have to mail their returns in with this overide?

This topic has been closed for replies.
Best answer by rbynaker

For each asset, cut the basis and the accumulated depreciation in half.

1 reply

rbynaker
rbynakerAnswer
Level 13
December 7, 2019

For each asset, cut the basis and the accumulated depreciation in half.