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Jim-from-Ohio
Intuit Community Champion
January 4, 2026
Question

2025 - 1065 Amortization of closing costs

  • January 4, 2026
  • 3 replies
  • 19 views

I know it is early in the season but am asking if anyone is seeing amortization of an asset (Type L in the Fixed Asset Entry Worksheet) not flowing through to the 8825 (rental property).. The amoun the deduction, showing up on the Asset Entry Worksheet is not flowing to the 8825.

3 replies

TaxBandit
Level 4
January 4, 2026

I have the same issue and there is no line to even enter it on.  

Jim-from-Ohio
Intuit Community Champion
January 4, 2026
For now I am using Schedule A, quick zooming on the line called COMMON CHARGSE, made a list there. This way I Can get the P & L to tie out and the to get my tax balance sheet and capital accounts tie out to the financials
 
Level 15
January 4, 2026

Out of curiosity, have you checked if it is wrongly flowing to page 1 of the 1065 (such as added to line 16 or 21)?  Or is it not showing up anywhere at all?

Jim-from-Ohio
Intuit Community Champion
January 4, 2026

I checked on page 1 of the 1065 and not showing up there either.

Level 3
January 4, 2026

The new Schedule A on Form 8825 is the problem.  The amount should flow to that form.

Line 30 also does not work

Level 5
January 17, 2026

Experiencing the same problem