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Special Depreciation Election

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Special Depreciation Election

marion-rainwater

I would like to suggest adding a checkbox to the quick entry screen of depreciation for the option to elect out of Special Depreciation Allowance without having to enter the detail screen for each individual asset when you don't want to elect out of all of them. 

Status: Open for voting
Vote now if this is a good idea
3 Comments
TaxGuyBill
Level 15

"when you don't want to elect out of all of them"

Just to be clear we are on the same page, you do know that if you elect out of Bonus, that applies to ALL assets for the year that use that same Recovery Period (actually, same "class"), right?  So if you elect out, you MUST "elect out of all of them" (that uses the same Recovery Period).

IntuitGabi
Community Manager
Community Manager
Thank you for your idea. Moving this to "Open for voting".
IntuitGabi
Community Manager
Community Manager
Status changed to: Open for voting
 
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