I have a new client that elected a bonus depreciation in 2017, I am trying to tie out the depreciation for 2021 and need to figure out where to enter the prior period bonus depreciation for a Schedule E asset for a 1040 return in ProSeries in order to match the "next year's depreciation" from the prior accountant. Any suggestions?
on the asset entry worksheet, right above where you insert prior depreciation, you can enter it
Thank you Lisa - I am having some additional errors to get all the depreciation schedules to tie out... I don't think I have the full records of the previous elections. Thank you for your help!
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