379325
for line 51 and 52 the AMT dep allowed is too large--I have never depreciated the car
You'll need to sign in or create an account to connect with an expert.
The Depreciation can't be more than the Cost of the Vehicle.
If you claimed Standard Mileage expense for your vehicle, depreciation was built into the deduction.
More info:
https://ttlc.intuit.com/replies/5230628
I am also stuck on this same error. In my case, we did not use the standard mileage deduction but used actual expenses. Line 44 Sales Price states 30,000 and lines 51 and 52 state 38,077. So I assume I need to change these two lines to $30,000 but I am not sure where I do that. It will not allow me to fix it in that window.
I have determined what I entered incorrectly on mine. So my error is resolved.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
c0ach269
New Member
SB2013
Level 2
Idealsol
New Member
SB2013
Level 2
Kenn
Level 3