david3
Level 7
02-23-2025
06:41 PM
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New client has a Schedule C business. The business vehicle has historically been used 51% - 65% for business purposes.
The vehicle depreciation information from prior year tax returns show Sec. 179 deduction and a prior depreciation amount. The vehicle is fully depreciated as the prior year vehicle information show no current depreciation.
I double checked my input and the input matches the prior year vehicle information. However, the vehicle doesn't appear on the Sch. C depreciation report, as it does in the prior year tax return depreciation report.
How do I get the vehicle historical depreciation information to appear on the depreciation schedule?
Thank you for your help.
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