Menu

Search

Knowledge Base


11118: 1041 - Carrying Depreciation to Schedule C, E, or F


1041 Fiduciary

How do I get depreciation to appear on Schedule E? I have entered depreciation on screen 4562 in a trust return and pointed it to Schedule E, but the depreciation is flowing instead to the beneficiary's K-1.

 

Go to screen 1 and check the box Carry the applicable amount of depreciation, depletion, and amortization to Schedules C, E, or F instead of to line 9 of the beneficiary's Schedule K-1.

In Drake18 and prior, this checkbox is located on screen 5.
In Drake15 and prior, the option is on screen 5 and is labeled Do NOT Carry depreciation to Schedule K-1, but to the Schedules.

This moves the depreciation from the K-1 and Wks Sch K-1, to the applicable portion of Schedule C, E, or F:

  • Schedule C, line 13
  • Schedule E, part I, line 18
  • Schedule F, line 14

Also In This Category


On a scale of 1-5, please rate the helpfulness of this article


Not Helpful
Very Helpful
Optionally provide private feedback to help us improve this article...

Thank you for your feedback!


Details
Article has been viewed 22K times.
Last Modified: 2 Years Ago
Article not rated yet.
Options