Why isn't current year depreciation carrying to Schedule E when there are no changes to the rental real estate property from prior year (form 1041)?

[pmbrioadycpa]

There are two 100% business residential rentals.  2nd one added property for 2020 .  Current year depr expense shows on 4562 (as it should).  No depr expense is carrying to schedule E.

[pmbrioadycpa · Accepted solution]

Be sure depreciation expense is not allocated to beneficiary in K-1 distribution options

"Depreciation: 1=in fiduciary, 2=prorate to beneficiary [Override]"  leave it blank. 🙂