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Depreciation on rental property in year of death
I'm starting a 2015 year individual for my widower father-in-law who passed away mid-year. I went through the interview questions and his date of death was accurately registered in the return but for some reason the depreciation on schedule E for his rental property is still showing a full year's amount. Isn't this supposed to be pro-rated through the date of his death? Why isn't the software making the correct calculation? I can override the amount but then get an error message that I've overridden an important line item and it might foul up my e-filing. Help!?
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‎June 7, 2019
2:58 PM