Screen CARent - California Rent and Royalty Property Income and Expense (1041)

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Expenses

Depreciation (Force)
The force amount is not allocable to beneficiaries. The net income or loss calculated for this activity includes the entire amount.
Depletion (Force)
Any limitations or tax preferences are not calculated based on data entry in this field. You can allocate this amount to beneficiaries based on the percentages entered in the
Depletion
field in the Beneficiary Information, Federal tab. The remaining amount displays on Schedule E, line 18.

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