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39143

39143

The following diagnostic is generating:

Iowa Form 4562A is being populated with some assets that have bonus depreciation in the direct input screen and/or the life of the asset is not generating because depreciation is not being claimed for this asset on the federal return. Form 4562A requires that the life of every asset be identified rather than summarized. This will require the preparer to remove this asset(s) out of the direct input screen and enter it into the depreciation screen and/or make the appropriate entry in the "Life or Class Life" code in the Depreciation screen.

 

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