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1065 Special Allocation of depreciation
In TurboTax Business 2019, how do you account for a special allocation of depreciation expense to a single partner. Business has three owners that split 50/25/25, but for this specific asset's depreciation only, we need the depreciation (section 179) to flow to the 50% holding member. We have captured in the Partnership Agreement but need assistance in correct TurboTax capture.
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‎April 11, 2020
5:14 AM