taxprep19
Level 2
04-12-2021
09:18 AM
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Thank you. I did try to change it on the asset entry worksheet. Can you help me with the mechanics of the program on this?
I chose "Other" for the type of asset.
Then on the bottom of the asset entry worksheet it asks for the depreciation type but doesn't give an option that I think would be appropriate for the ADS method. However, it gives me an error if I don't chose one of the options listed.
Then I chose ALT for the depreciation method.
I added the recover period and AMT information.
The program will not allow me to add the depreciable basis.
What else am I missing to get the program to calculate the ADS for this piece of property?
Thank youl.