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February 11, 2024
Question

line 18 on Schedule E, 1041, depreciation for rental property

  • February 11, 2024
  • 1 reply
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I entered income and expenses for rental property owned by a trust and filled out "Rental Asset Summary," but the depreciation does not appear on Part I, line 18 on Schedule E. Rental income and depreciation are reported separately on K-1 lines 7 and 9. How do I get depreciation listed on line 18 of Schedule E so that it is subtracted from rental income?

1 reply

Employee
February 11, 2024
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