How to enter a listed asset and depreciation when there were split-year uses of the truck?
For the first month of the year, this truck was used as a sole proprietor and normally his depreciation would go 100% under his Schedule C. But, for 2025, he only kept that sole proprietorship in operation for 1 month (January) and began leasing it to a corporation Feb-Dec with personal property income being reported on Schedule 1, line 8 for this vehicle. He would like to split the depreciation expense across the two with the proper ratio for the number of months in each treatment of the income.
But, in ProConnect, I don't see how to do this. If I enter the truck into the system and link it to the Schedule C, I don't have an option here to have this only apply for a portion of the depreciation value.
Also - he is not reporting the truck lease income on Schedule E because apparently that is only for real estate and all guidance is pointing to Schedule 1, line 8 instead since it isn't a rental business (so not another Schedule C).
But, in Proconnect, the options for depreciation is limited to Schedule C or Schedule E for the individual returns.
What am I missing here on the input screens that could help me sort this as the client wants this done?
