That is odd.  Any chance this is the last year of the Recovery Period?  Double check all dates on the Asset Entry Worksheet.

Look at the depreciation detail report...does it agree with what youre seeing on the Sch E for current depreciation?

I was walking along just now and found a mind that appears to be lost.  Is it yours?

If all else fails, I would print the depreciation report, delete the asset and enter it from scratch to see if that solves the mystery.

---

@IRonMaN wrote:

I was walking along just now and found a mind that appears to be lost.  Is it yours?

---

I've had one.  If nobody claims it, can I have it?

If you can properly describe what it looks like, I will gladly give it to you.

Check section 179

Thanks for the good answers which helped lead to the issue.

I combined all of the assets for the sale of the property rather than a sale of multiple improvements over the years which obviously gave a skewed result and expensed the remaining depreciation. I used an acquisition date 30 years ago when the property was originally purchased so there would be no remaining depreciation and the software expensed on Sch E the difference.

It's certainly a nuisance having the allocate the sales price through all of the assets.

I've used other tax software that would combine assets for a sale and have no idea why Proseries has never added this feature.

Thanks again, everyone.