sappy021
Level 2

2021 (Other tax software)

Original Cost Basis $33,379

Prior Sec 179 $8,345

Depr Basis $25,034

Prior Depr $4,846

Method: S/L HY

Life: 5

Rate .2000

Current Depr: $5,007

 

2022 (ProConnect)

Original Cost Basis $33,379

Prior Sec 179 $8,345

Depr Basis $25,034

Prior Depr $9,853

Method: 200DB HY

Life: 5

Rate .05760

Current Depr: $1,460

I should mention the client is Vermont based which follows Federal for Sec 179 but not for accelerated MACRS.

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