Skip to main content
Level 3
December 7, 2019
Solved

Why is the program not allowing me to elect 50% depreciation for property placed in service after 9/27/17? Did I miss something? Is this not allowed?

  • December 7, 2019
  • 1 reply
  • 7 views
No text available
This topic has been closed for replies.
Best answer by TaxGuyBill

Was it "placed in service" in 2018?

If so, your choices are 100% or 0%.  For 2018, 50% is not an option.

1 reply

Level 15
December 7, 2019

Was it "placed in service" in 2018?

If so, your choices are 100% or 0%.  For 2018, 50% is not an option.

Level 3
December 7, 2019
Thanks, that's what I was noticing and was hoping that I was mistaken.