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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- DEPRECIATION NOT FLOWING
DEPRECIATION NOT FLOWING
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mansoralmoslema
Level 1
02-24-2022
11:21 AM
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THE DEPRECIATION ON FORM 4562 IS NOT FLOWING OR AUTOMATICALLY TRANSFER TO THE NEXT YEAR
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TaxGuyBill
Level 15
02-24-2022
11:45 AM
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The depreciation is on the Asset Entry Worksheet. Are you saying the Asset Entry Worksheet is showing $0 for the current year depreciation?
If so, is it fully depreciated (such as from using Bonus depreciation in the first year?
