GP
Level 2
02-17-2020
02:32 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thank you for your reply. I am not taking Sec 179 deduction or bonus depreciation. I used a "Type" code of R on the asset entry worksheet, which I think is correct. The software is showing the same depreciation for regular tax and AMT purposes. If I override 200DB with 150DB at the bottom of the asset entry worksheet for AMT depreciation, the software still calculates the same depreciation for regular tax and AMT (using 200DB).