TaxGuyBill
Level 15

@puravidapto wrote:

the accumulated depreciation should be adjusted when the preparer treats it as not allowed, but this is not the case in the software,


 

Does the software actually have a mechanism for you to say "don't allow this" (or "allow this") for the sold Vacation Home?  If not, the software doesn't really know what you are doing with it, which is why it doesn't do anything.

If the software was specifically set up to "allow" or "don't allow" the Vacation Home carryovers upon the sale, it agree, it would need to automatically adjust the unallowed depreciation.

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