Question
How to enter excess depreciation on rental property being sold in 1031 Exchange on form 4797 Part III Line 26?
Having a difficult time figuring out how to enter excess depreciation that was claimed on rental property that is now being sold in a 1031 Exchange. It appears it needs to manually be entered on form 4797 Part III Line 26 (for assets that ARE related to a business activity) but Turbotax doesn't let you open that QuickZoom form when in Forms Mode? When trying to do this it states "create new copy" but clicking "Add Form" doesn't do it. Thank you in advance for any advice you can give.
