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Level 1
October 13, 2020
Question

Where do you enter bonus depreciation

  • October 13, 2020
  • 2 replies
  • 13 views
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2 replies

Just-Lisa-Now-
Intuit Community Champion
October 13, 2020

The asset entry worksheet should have the question about Economic Stimulus Property right near the top.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
October 13, 2020

If it is qualifying property, the default will be bonus depreciation in the asset entry worksheet.  You would have to elect out of bonus for the asset to not go down that road.

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