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1065 - RENTAL PROPERTIES - DEPRECIATION SCHEDULE

lyndaj0331
Level 4

I have a new partnership client - they have rental properties.  How do I recreate the depreciation schedule for each property? If I try to use the Asset Entry worksheet - it shows the activity as 1065 line 16a.  I want enter the assets for each individual property.  Thank you.

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taxiowa
Level 9
Level 9

Go into the 8825 worksheet for each property and enter the separate asset entry worksheet from there.  I think it is above line 14 there is a button to enter.

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2 Comments 2
taxiowa
Level 9
Level 9

Go into the 8825 worksheet for each property and enter the separate asset entry worksheet from there.  I think it is above line 14 there is a button to enter.

lyndaj0331
Level 4

Thank you.  I was looking everywhere - I totally missed it.  Too early in the season for that.