AccountingPrompts.ai
Prompt LibraryCategoriesTop PromptsSubmit a PromptBlog
Library/๐Ÿ’ฐ Tax/Corporate Tax Compliance
Beginner

Form 1040: Rental Property (Sch E) Analysis

Automates the classification of rental income, repairs vs. improvements, and depreciation.

Analyze the following expenses for a rental property: {expense_list}. Categorize each as either an 'Operating Expense' (Sch E) or a 'Capital Improvement' (Depreciable). Calculate the first-year depreciation for {improvement_description} using the {depreciation_method} over {recovery_period} years.

Related Prompts

Tax
Beginner

Corporate tax return workplan and data request list

Creates a corporate tax return workplan and a targeted data request list tied to key schedules. Useful for tax seniors coordinating compliance and ensuring completeness.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Tax
Intermediate

Book-to-tax reconciliation (M-1/M-3 style) with JE suggestions

Builds a book-to-tax reconciliation and identifies permanent/temporary differences with documentation notes. Useful for tax provision and return preparation.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Tax
Intermediate

Depreciation book vs tax (MACRS/IFRS) schedule tie-out

Compares book depreciation to tax depreciation, identifies differences, and prepares supporting schedules. Useful for both compliance and provision teams.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
0 copies ยท 0 views

Details

๐Ÿ’ฐ

Category

Tax

Corporate Tax Compliance

Tested With

โœ“ GPT-4oโœ“ Gemini 1.5 Pro

Tags

#Rental Income#Sch E#Tax

Added

6m ago

AccountingPrompts.ai

The #1 free AI prompt library built by accountants, for accountants. Copy, paste, and save hours every week.

Library

  • All Prompts
  • Categories
  • Top Prompts
  • Submit a Prompt

Popular Categories

  • Financial Accounting
  • Tax
  • Auditing
  • FP&A
  • Practice Management

Company

  • About
  • Blog
  • Contact

ยฉ 2026 AccountingPrompts.ai. All rights reserved.

PrivacyTerms