paltax
Level 1
 
0 Cheers
George4Tacks
Level 15

Screen 22 = Depreciation

Screen 29 = OIH


Here's wishing you many Happy Returns
paltax
Level 1

that is a bit vague. In screen 29 is it an override?

In screen 22 there are over 100 assets,and the net change is attributed to many of them. I do not see a general place to enter the total adjustment.

0 Cheers
TaxGuyBill
Level 15

Catching up on depreciation by using Form 3115 is listed as a "§481(a) Adjustment" as an "other" expense.  The "other" expense is on Line 22 of Form 8829 or Line 48 of Schedule C.

paltax
Level 1

That is helpful - thanks!

0 Cheers