TaxGuyBill
Level 15

@dfrelund wrote:

cost 119,273 5 year DB HY, took 23,855 bonus depreciation in 2023

2024 current year depreciation ... depreciable basis * 40% 

How can I override the 32%?  


 

I don't know that answer to your question (how to override).

However, at first glance the 2023 and 2024 returns are completely screwed up.  Bonus depreciation in 2023 was 80%, not 20% and the property MACRS percentage for 2024 is 32%.  Are you sure you want to override?  At first glance, it looks like 2023 and 2024 need to be amended.