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Rental income - decedent's final return

Level 1

Taxpayer died 02/29/2020 and had two residential rental properties.  Preparing the final 1040.  How do you code rental fixed assets so only partial depreciation taken?  Assets managed by estate for approximately 9 months and then were distributed to a beneficiary of estate.

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Level 15

Show a retirement/sale date of 2/29/20 in the software but leave the sales price box empty.

This week's special - get a free set of ACME snow tires with every return prepared. ($300 extra if you want air in the tires)

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1 Reply 1
Level 15

Show a retirement/sale date of 2/29/20 in the software but leave the sales price box empty.

This week's special - get a free set of ACME snow tires with every return prepared. ($300 extra if you want air in the tires)

View solution in original post