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Level 4
December 7, 2019
Solved

Box 13 code w (754 depreciation) on k-1 where to enter in proconnect?

  • December 7, 2019
  • 1 reply
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Best answer by George4Tacks

Go to the next section Separately Stated Income and Deductions enter it as First Passive Item IRC 754 depreciation as a negative number. I am assuming that it is related to a a passive rental, if not maybe it will be in the Other NonPassive items

1 reply

George4Tacks
Level 15
December 7, 2019

Go to the next section Separately Stated Income and Deductions enter it as First Passive Item IRC 754 depreciation as a negative number. I am assuming that it is related to a a passive rental, if not maybe it will be in the Other NonPassive items

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