bzwillin
Level 2
02-05-2022
09:40 AM
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We use Direct input for depreciation and our clients are in IL. Recently IL 4562 was released and it is not working correctly. Lacerte assumes that anything entered as current depreciation on new purchases should show up on line 8 on IL-4562. There is no 100% bonus elected on this return and even if it was, it may not be on all returns. Please fix immediately as all of our IL returns are efiled incorrectly as of yesterday.
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