How do I code a passenger auto to get the special depreciation and other depreciation to equal the max allowed of 18,000? Program limiting to 3160 with code A

Forum|Forum|6 years ago
December 7, 2019
6 replies
39 views

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EasyACCT

This topic has been closed for replies.

Best answer by Kathi_at_Intuit

Hello Sally,

Thank you for reaching out. I believe I see what you are referring to:

https://www.irs.gov/pub/irs-drop/rp-18-25.pdf

I was able to duplicate what you are seeing and it does not look like this has been implemented into EasyAcct yet. Thank you for bringing this to our attention. I have reported this to development. As a workaround, when you set up the depreciable asset, in the "Code" column enter an F to force the depreciation and then enter in the depreciation that you are needing.

Hope you have a great day!

George4Tacks

Level 15

@sally What tax software? Which type of return? Which year?

Answers are easy. Questions are hard!

T

TaxGuyBill

Was the vehicle "placed in service" in 2018?

S

sallyAuthor

Level 2

easyACCT depreciation, placed in service in 2018

Kathi_at_Intuit

Answer

Moderator

Hello Sally,

Thank you for reaching out. I believe I see what you are referring to:

https://www.irs.gov/pub/irs-drop/rp-18-25.pdf

I was able to duplicate what you are seeing and it does not look like this has been implemented into EasyAcct yet. Thank you for bringing this to our attention. I have reported this to development. As a workaround, when you set up the depreciable asset, in the "Code" column enter an F to force the depreciation and then enter in the depreciation that you are needing.

Hope you have a great day!

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T

TaxGuyBill

Actually, that change was done by the TCJA in December 2017, so it seems like easyACCT is over a year behind.

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