Absolutely. To affirm with an example what I'm leading up to. (it's been a few days, and you're probably) already there) let's say asset "A" shows a total of say, $3000 of prior year's depreciation, and $500 depreciation allowed for 2016. You closed this business on June 30th.
You now open the 1065 partnership on July 1st, and when entering the asset you'll be asked for the "in service" date. You will enter the "ORIGINAL" in-service date of say, 5 years ago. Then when it ask you for "prior deprecation already taken" on asset 'A", you'll enter $3500. Got it?
Oh, and on the partnership return, is there a problem entering that prior year date for when the asset was placed in service? (hint, hint)
