Report specially allocated depreciation

By default, UltraTax CS reports the amount of specially allocated depreciation on Schedule K, Other deductions.
To report specially allocated depreciation with its associated activity, mark the
Include specially allocated depreciation with associated activity
checkbox in the CltOptns screen. If this checkbox is marked, UltraTax CS reports specially allocated depreciation as follows:
Description
Reported on Form / Schedule
Page 1
Schedule K, Other income (loss)
Cost of Goods Sold
Schedule K, Other income (loss)
Schedule F
Schedule K, Other income (loss)
Farm Rental
Form 8825, Depreciation
Other Rent
Schedule K, Expenses from other rental activities
Rental Real Estate
Form 8825, Depreciation
Royalty
Schedule K, Royalties
Other Portfolio
Schedule K, Other deductions
note
UltraTax CS doesn’t include the depreciation from a specially allocated asset on the return if the
Tracking partner's outside basis
checkbox is marked in the
Other
tab in the asset module.

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