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Common question about Farm Income Depreciation and Amortization in a Fiduciary Return in ProConnect

SOLVEDby IntuitUpdated July 25, 2023

Depreciation information for a Farm can be entered by going from the Input Return tab to Deductions  Depreciation.

To link to the Schedule F for Farm activity, choose 4=Schedule F/Form 4835 under the FORM drop down menu and choose the activity name under the ACTIVITY NAME OR NUMBER drop down input. 

To override the Depreciation amounts for the farm activity, this is the navigation:

  1. From the Input Return tab, go to Income  Farm Income (Sch. F).
  2. Go to the Income Statement tab.
  3. Scroll down to the Depreciation & Amortization section.

 

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