TaxGuyBill
Level 15
09-15-2023
03:20 PM
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@kittieshere wrote:
the length of time (30 years/commercial property).
Do you mean 39 years?
Have you manually calculated the prior depreciation, and if so, does it match what the prior depreciation schedule shows?
I suspect that the "prior depreciation" that you are entering is probably wrong. You can just leave it blank if you want to. Another option is to scroll WAY down on the Asset Entry Worksheet and say "Yes" to using the IRS "Tables".
