Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    What tax mapping line in QBO do you assign for depreciation expense?

    virginialong
    Level 1
     
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    1 Best Answer

    Accepted Solutions
    abctax55
    Level 15

    Depreciation expense should be computed BY the tax program into which you are importing the QBO numbers.  Book depreciation is seldom the same as tax depreciation.

    HumanKind... Be Both

    View solution in original post

    0 Cheers
    1 Comment 1
    abctax55
    Level 15

    Depreciation expense should be computed BY the tax program into which you are importing the QBO numbers.  Book depreciation is seldom the same as tax depreciation.

    HumanKind... Be Both
    0 Cheers