Hi, I noticed the same issue, my client took bonus depreciation for assets purchased and put in service in 2021 and then sold them in 2022. In 2021 Lacerte added the bonus depreciation back to IL on form IL-4562 Step 2 Line 1, took the regular depreciation as a subtraction on Step 3 line 8, so far so good, but now in 2022 when the assets were sold it did not reverse the bonus depreciation on Step 3 line 12 and did not add back the prior and current regular depreciation taken on the sold assets on Step 2 line 3, which is per IL-4562 instructions and which is the correct math, to allow on the IL  tax return to write off the adjusted basis of the sold asset.

It is a lot of overwriting and manual work to do, my client sold over 500 trailers in 2022 that he purchased and put in service in 2021 and took bonus depreciation for them in 2021.

I know how to calculate and overwrite the IL-4562. But please provide any solution how to be done automatically in Lacerte. A lot of tax professionals will miss those calculations I bet and Lacerte should do something about.