rbynaker
Level 14
04-03-2020
06:47 AM
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@Just-Lisa-Now- wrote:Anything in the CARES act would be for 2020, wouldnt it? Or did I miss the part about it being retroactive?
This one was a rewrite of history, "as if included in section 3 of Public Law 115–97."
The 2018 ProSeries had a big checkbox on the Fed Info Wks to treat QIP as 15-year property. Don't know what they did for 2019. I'm guessing there will need to be an update.
Rick