mddcpa1
Level 1
12-07-2019
07:55 AM
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Best Answer Click here
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TaxGuyBill
Level 15
12-07-2019
07:55 AM
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Can you clarify what you mean by by the "MO" when you said 150db MO depreciation?
If you tell us what the assets are (such as "land improvements") and what they are used for, that may help somebody to let you know how to enter it.
If you tell us what the assets are (such as "land improvements") and what they are used for, that may help somebody to let you know how to enter it.
George4Tacks
Level 15
12-07-2019
07:55 AM
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Probably MQ.
Here's wishing you many Happy Returns
Here's wishing you many Happy Returns
George4Tacks
Level 15
12-07-2019
07:55 AM
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All methods are shown here https://accountants-community.intuit.com/articles/1857461-depreciation-methods Possibly 66 is what you are searching for.
Alternatively, 93 is 150% DB. You can enter the number instead of searching for the method. The next entry is 15 for the # of years and the next is 2 or MQ.
I am not saying that you should not possibly correct what the prior preparer has done. Maybe
Here's wishing you many Happy Returns
