C-Corp to S-Corp depreciation

[cientax]

Does unallowed depreciation from 2007 C-Corp carryover to 2008 S-Corp return?

The owner was a C-Corp for 2007 and made the S-Corp election for 2008. Because of the income, the section 179 was limited and not allowed full depreciation and now has carryover to 2008. And my question is posted above.