TaxGuyBill
Level 15
12-30-2025
04:35 PM
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@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.