The Asset Template import feature can populate many of the fields on the Depreciation and Amortization input screens. This will cover various activities within each tax application. Each tax application (1040, 1041,

1065, and 1120) has a separate asset template.




Navigation for Fields in the Asset Template


For 1040:

  • Business (Schedule C): Organizer > Income > Business Income > (Name) > Depreciation and Amortization > Asset Detail


  • Employee Business Expense (Form 2106): Organizer > Itemized Deductions > Employee Business Expense > (Name) > Depreciation and Amortization > Asset Detail


  • Farm (Schedule F): Organizer > Income > Farm Income > (Name) > Depreciation and Amortization > Asset Detail


  • Farm Rental (Form 4835): Organizer > Income > Farm Income > (Name) > Depreciation and Amortization > Asset Detail


  • Rental Real Estate (Schedule E): Organizer > Income > Rent and Royalty > (Name) > Depreciation and Amortization > Asset Detail


  • Schedule K-1 (Estate): Organizer > Income > Schedule K-1 > (Name) > General Business Expense > Depreciation and Amortization > Asset Detail


  • Schedule K-1 (Partnership): Organizer > Income > Schedule K-1 > (Name) > General Business Expense > Depreciation and Amortization > Asset Detail


  • Schedule K-1 (SCorp): Organizer > Income > Schedule K-1 > (Name) > General Business Expense > Depreciation and Amortization > Asset Detail



For 1041:

  • General (Page 1): Organizer > Deductions > General Depreciation and Amortization > General Depreciation > Asset Detail > (Asset) > Depreciation Detail


  • Business (Schedule C): Organizer > Income > Business Income > (Name) > Depreciation and Amortization > Asset Detail


  • Rent and Royalty (Schedule E): Organizer > Income > Rent and Royalty > (Name) > Depreciation and Amortization > Asset Detail


  • Farm (Schedule F): Organizer > Income > Farm Income > (Name) > Depreciation and

    Amortization > Asset Detail



For 1065:

  • Page 1: Organizer > Ordinary Income and Deductions > Depreciation and Amortization > (Name) > Asset Detail


  • Rental Real Estate: Organizer > Activity Information > Rental Real Estate > (Name) > Depreciation and Amortization > Asset Detail


  • Other Rental Real Estate: Organizer > Activity Information > Other Rental > (Name) > Depreciation and Amortization > Asset Detail


  • Multiple Trade or Business: Organizer > Activity Information > Multiple Trade or Business > (Name) > Depreciation and Amortization > Asset Detail


  • Farm: Organizer > Activity Information > Farm > (Name) > Depreciation and Amortization > Asset Detail


  • Pass Through: Organizer > Activity Information > Pass-Through


For 1120:

  • General (Page 1): Organizer > Income and Deductions > Deductions > Depreciation and Amortization > General Depreciation and Amortization > Asset Detail


  • Rental Real Estate (Ordinary): Organizer > Income and Deductions > Rental Activity > (Activity Name) > Depreciation and Amortization > Asset Detail


  • Rental Real Estate (Form 8825): Organizer > Income and Deductions > Rental Activity > (Activity Name) > Depreciation and Amortization > Asset Detail


  • Rental Real Estate (Other): Organizer > Income and Deductions > Rental Activity > (Activity Name) > Depreciation and Amortization > Asset Detail


  • Rental Real Estate (Portfolio): Organizer > Income and Deductions > Rental Activity > (Activity Name) > Depreciation and Amortization > Asset Detail


  • Farm: Organizer > Income and Deductions > Farm Income and Expense > (Name) > Depreciation and Amortization > Asset Detail