Lacerte's in software depreciation schedule can't seem to correctly calculate depreciation when making the 163(J)(7) election. I have checked the ADS box in depreciation screen - additional information (this does nothing besides entering new assets into the wrong ADS line on form 4562). Also checked the "apply switch to ADS for prior year asset" box which reduces the depreciable basis by the previous 27.5 method and populates the incorrect amount. for the remainder of the years. It is off by about $1,600 a year. This number does not seem like much in any given year, but ends up pushing over $36K to the final year. Most of the limited investors in the property will be gone before the property is sold with the inflated basis and will not be allocated depreciation that they are entitled to. Has anyone received a response from Lacerte as to why their depreciation software cannot correctly calculate depreciation?