MVH
Level 2
10-13-2023
10:17 PM
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I have two clients who will need to keep track of prior depreciation taken on a property, but stop taking the depreciation. Their circumstances are different, but they both need to stop taking depreciation. I don't want to delete the depreciation showing prior depreciation because I want future tax people to know about it and to be able to keep track of it for the future, but in both cases the depreciation should stop.
How do I do that with Tax Pro Connect?
Thanks for your help!
Best Answer Click here
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sjrcpa
Level 15
10-13-2023
10:31 PM
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Enter -1 for current depreciation.
The more I know the more I don’t know.