LongIslandTaxPr o
Level 2
03-19-2022
05:32 PM
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The client started depreciating the car in tax year 2020 and took the special depreciation ($18,100) with another accountant. I have now taken on this client and am trying to make sure the depreciation is entered correctly in form 4562. Can someone guide which fields need to be entered in ProConnect. The cost basis of the car for tax year was $41,149.
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