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LOL there it is! Thanks for finding.@Kathi_at_Intuit can we get this moved back to where it should go?
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Yes, it should. 1120-S K-1 input screen has the correct box for Section 179. Issue is only on the 1065 K-1 input side.
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I have never added an asset from a passthrough entity to the 1040 of the partner/S Corp owner. It would not make sense to do this, as depreciation flows through...
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I should have been more clear. The issue is in 1040 returns, not 1065s.1040 returns >Income > Passthrough K-1's > Partnership Info (1065 K-1) does not have Line...
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Working on a 1040. Income > Passthrough K-1's > Partnership Info (1065 K-1) does not have Line 12 to input Section 179 depreciation. It skips right to Line 13.