DaveF1006
Expert Alumni

Deductions & credits

Let's start with depreciation and work our way down.

  1. If you are working un your Turbo Tax Business Program and working on your 1065 business return, go to federal taxes>deductions>depreciation of assets to report depreciation.
  2. To report severance and property taxes, go to federal taxes>deductions>business expenses>taxes and licenses
  3. To report processing charges, go to all other expenses and the expense section.
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