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Changing the depreciation methods of full-depreciated assets for e-filing.

t-l_porter
Level 2

A recurring issue--picking up new clients whose previous accountants opted to use the 150%/200% DB method on certain assets.  In one case, the previous accountant was able to efile using Intuit software.  However, ProConnect generates a critical diagnostic and rejects efile because the assets are using a disallowed method of depreciation.  Assets are already fully depreciated. 

Is it appropriate to change the depreciation method to discourage the critical diagnostic?  Or will it cause issue when the return is received by the IRS, when they notice the change in depreciation method?

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sjrcpa
Level 15

I would change the method. I really doubt IRS will notice.


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1 Comment 1
sjrcpa
Level 15

I would change the method. I really doubt IRS will notice.


Ex-AllStar
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