Question
form 3885 listing every asset on the depreciation schedule
Form 3885 in the nonprofit module is listing every single fixed asset, and there are no state to tax differences, and many of these assets are fully depreciated. There are over 500 fixed assets, so it's generating over 100 copies of this form. Something about the form is also creating a problem when you try to allocate the depreciation to fundraising/administration/program. I can't efile the California return until I remove the allocation. What's wrong with this form? is there some magic box somewhere that you click to make it generate correctly???
