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    Why is ProSeries not taking 100% bonus depreciation on an SUV over 6000 lbs purchased in 2019?

    hlecpa
    Level 2
     
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    5 Comments 5
    RollTide68
    Level 8

    Just put one on a Schedule c and it took 100%

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    Terry53029
    Level 15
    Level 15

    Did you fill out the asset worksheet, and is suv used 100% for business

    hlecpa
    Level 2

    If the vehicle is the asset that is being leased out (Schedule E), should it be reported under "Car and Truck Expense" worksheet or should it be reported under the "Asset Entry" Worksheet?  Maybe that is where my issue is.  

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    Terry53029
    Level 15
    Level 15

    You should use car and truck worksheet, but are you saying the truck is leased not owned

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    hlecpa
    Level 2

    Well........I deleted my originally entry and then re-input the details and now it is taking 100% bonus depreciation.  Same input as previously.......not sure what happened but at least it's allowing it.  Thank you for your time!

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