Residential rental property-owner died 10/10/18-do you use annual depreciation amount for 1040 or over-ride annual amount by pro rata amount during her lifetime?

[bpierce]

Wondering if I should use amount calculated by proseries for the full year or override by the appropriate fraction of the year or is there another way to get the proportional amount of depreciation to calc automatically. I have already entered days used as rental property - that didn't seem to change the depreciation amount.

[IRonMaN · Accepted solution]

Enter date sold as 10/10/18 on the asset entry worksheet but don't enter a sales price.

[bpierce]

Great idea...seems to work! thanks so much. I think you've answered a question of mine before. Thanks for being an active participant.

[IRonMaN]

You betcha!