Comment
New Member

The 2023 luxury auto depreciation calculation is NOT working correctly for both Fixed Asset Manager OR in ProSeries.  I will not get into specifics, but the calculation will either say -0- depreciation for the current year or roughly 9% (should be at least 32% up to the limit) of the depreciable basis.  

As a side note, I spent about 5 hours between both FAM and ProSeries help line to try and get it corrected or at least noted it was a problem.  The answer of "we are not tax professionals" and the "It's in What's New" are not acceptable answers when it is clearly wrong.