JFSCPAPC
Level 2
07-09-2020
11:49 AM
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I show property added during the tax year in Part III using MACRS depreciation.
When I input this for the Form 4562, it also accumulates on line 14 (Part II) --
Example -- I added a $1000 heater having a 5 year life - SL depreciation.
When I designate this with MACRS depreciation it shows $200 in Part III Section B,
Plus it indicates $200 x 5=1000 on line 14. Why is this happening? How do I suppress???
Thanks
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