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Transferring assets from a personal schedule E 1040 to a 1041 K1 Schedule E

tiellamo
Level 2

Hi

I'm new to Pro Series and I am wondering how to transfer some assets that are on a personal 1040 schedule E to a new schedule E that will be put on a K1. The trust transferred rental real estate in March 

Thank You for your help 

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Accepted Solutions
tiellamo
Level 2

Thank you that really helps

i have another question that you might be able to answer. Is there a way to put a tax return in practice mode with Pro Series? 
thank you

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3 Comments 3
IRonMaN
Level 15

If you used fixed asset manager, you could do that.  If you just used ProSeries, it can't be done.


Slava Ukraini!
tiellamo
Level 2

Thank you that really helps

i have another question that you might be able to answer. Is there a way to put a tax return in practice mode with Pro Series? 
thank you

Norman2001
Level 7

Here's a link to using Proseries "what if" mode.  I usually make a copy of the tax return and modify for different scenarios. 

 

https://proconnect.intuit.com/community/individual/help/proseries-what-if-worksheet-faq-s/00/5920

 

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