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How I do transfer assets' basis from Schedule C to Form 1120S?

elaine
Level 1
 
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2 Comments 2
George4Tacks
Level 15

In the 1040 module export https://proconnect.intuit.com/community/import-or-export-data-files/help/exporting-depreciation-data...

In the 1120S repeat the process, but import from the file you saved. 


Here's wishing you many Happy Returns
elaine
Level 1

Thank you. I was able to transfer the bases of the assets to the LLC but it took hours.

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