Hummmm.....none of the 3 CPA's I've had do this Trust Return has done it that way. Depreciation was always reported on Schedule E and rolled into my loss.
Turbo Tax allocated the entire depreciation amount to me and none to the Trust as far as I can see. I could be reading the info incorrectly however.
I'm going to roll with it this way and see how it affects my bottom line on my personal return. Thanks so much for the clarification.
