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Level 2
May 9, 2020
Question

Depreciation schedule transfer from schedule F to Schedule E

  • May 9, 2020
  • 1 reply
  • 7 views

Have a retired farmer still with depreciation he uses in renting out his farm.

I want to transfer the assets to Schedule E from Schedule F.   How can I do this without having to copy them all in?

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1 reply

George4Tacks
Level 15
May 10, 2020

Or do you want to use 4835 Farm Rental. Either choice can be done without having to copy all.

Use 4835? - Check the box in Schedule F input for Farm rental (Form 4835) & select type in the next entry

Use Schedule E? - For each entry change the FORM  from  4=Schedule F to 3=Schedule E. You can do that in the grid for FORM in the depreciation entry area.

 

Answers are easy. Questions are hard!