cih623
Level 2

The basis and depreciation for the home is not flowing through to Form 8829. Here are the details:

  • 2020 Lacerte (just updated today - didn't solve the issue)
  • 1 Schedule C
  • 1 Home

Screen 22:

  • Land portion: Form 10, Activity 1, Category 6 - Land, Method 99 --> flows to Form 8829.   
  • Building portion:  Form 10, Activity 1, Category 4 - Buildings, Method 87 --> does not flow to Form 8829

Screen 29:

  • Home 1
  • Linked to Schedule C
  • Elect to use simplified method - NOT checked
  • Depreciation section - no entries
  • Allocation section - no entries

Did I input any of that wrong? What am I missing? 

0 Cheers