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Setting up Bonus Depreciation in Pro Series

ktroz
Level 3

Can someone help me set up bonus depreciation on a vehicle in Pro Series? Are there 

additional boxes that need checked besides the YES to Economic Stimulus-Qualified Property?

I am in Asset Entry Worksheet.

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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15

On a 1040, Sch C? 

You need to use the Car & Truck worksheet that you access through Line 9 of Sch C, you dont use the Asset Entry worksheet.  Scroll down to page 2 of the C&T worksheet for the depreciation options.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
ktroz
Level 3

I am in a C Corp return?

 

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Just-Lisa-Now-
Level 15
Level 15

Ahhhh...I dont prepare Corp returns, so I wont be of much help, sorry.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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