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Yes, this is in the USA, under IRS rules. It is a trust so form 1040 using TT Business."
I am getting $15,764 on a test return when plugging in your numbers (see first screenshot).
What can happen is the depreciation allocation can get out of whack where the trust is retaining a portion of the depreciation expense while a portion is being allocated to the beneficiary(ies).
You can change that allocation in Forms Mode in the depreciation allocation section on Sch E (see second screenshot).
