TaxGuyBill
Level 15
05-06-2025
06:47 PM
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@JMac2021 wrote:
What do you mean by unused bonus depreciation?
Basis x 80% is Bonus depreciation. Then subtract the allowable $20,200. That leaves the 'unused' Bonus depreciation that can't be used until year 7.
It should still have some depreciation though (probably Basis x 20% x 32%), so I'm unsure why it is not doing that.