Form 8825 - 1065-Partnership or 1120S-S Corporation Rental Real Estate-706/709 Income and deductible expenses....SureFire
🔍 Form 8825 - 1065-Partnership or 1120S-S Corporation Rental Real Estate-706/709 Income and deductible expenses
This form has space to list up to 8 rental properties (4 on page 1 and 4 on page 2).
📊 Step-by-Step Guide
Step 1: Enter Depreciation Using Form 4562
Use this when you need to calculate and link depreciation.
For depreciation, on line 14, press F9 to link to Form 4562; then, on line 6a ofForm 4562, press F9 again to get to the Depreciation Worksheet.
Be sure to indicate on the Depreciation Worksheet the property (A, B, C, or D) for which the worksheet is intended.
Step 2: Transfer Amortization to the "Other" Expense Line
Use this when you need to move amortization amounts to the correct line.
Amortization from Form 4562 is transferred to line 15 as an "other"" expense.
Press F9 from the last line under ""other"" to Form 4562 for amounts to be carried back to this line properly.
📝 Note
Page 2 may be copied to list more properties if needed (just like Schedule E Duplicate in the 1040 package) by pressing SHIFT+F10.
Step 3: Confirm Totals Carry Over
Use this to ensure totals are included correctly.
The totals for page 2 will be carried over to page 1.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: federal,form
Support Center