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Lacerte Ref #2025011

Diane65
Level 1

This critical diagnostic keeps coming up when depreciating 15 year equipment - why?  How to get rid of it?

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Accepted Solutions
George4Tacks
Level 15

If you are sure Lacerte is incorrect, highlight the client and use CTRL + L to send it to Lacerte with a thorough explanation of why they are wrong. 

I am not sure they are. The answer might be in https://www.irs.gov/publications/p946

 


Answers are easy. Questions are hard!

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3 Comments 3
George4Tacks
Level 15

What depreciation method are you using? Code 66 or 67? 

https://proconnect.intuit.com/community/help-articles/help/depreciation-methods/00/3537

 


Answers are easy. Questions are hard!
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Diane65
Level 1

I was using 66

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George4Tacks
Level 15

If you are sure Lacerte is incorrect, highlight the client and use CTRL + L to send it to Lacerte with a thorough explanation of why they are wrong. 

I am not sure they are. The answer might be in https://www.irs.gov/publications/p946

 


Answers are easy. Questions are hard!