kindracpa
Level 3
04-06-2024
02:21 PM
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I have a new client that has a van used for a schedule C business. The van was acquired in 2021. I have the depreciation schedules from the prior preparer so I can see that they took the correct deduction in 2021. I can't quite recalculate the depreciation for 2022. It is above my calculation.
The clients business use dropped below 100% but is still about 50%. ProSeries Basic is not calculating any depreciation deduction for this year. I recalculated it and determined that there should be a deduction this year. What am I missing?
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