Hi Dave,
Thank you for your help. I followed your instruction and sent the file. Token number is 1112489.
I have an oversea rental property put into service after 2018. There are two Form 3885A, the one with Title "Depreciation and Amortization Report" using 40 years as depreciation life. The one with Title "Alternative Minimum Tax Depreciation Report" using 30 years as depreciation life. The depreciation value difference is $2312 which is added to my California Income.
My question is, why using 30 years as depreciation life for the rental property put into service after 2018?
Why the difference of depreciation value (caused by 30 years depreciation life calculation) added to my California income?
Please take a look and advise. Appreciate!
Thanks,
Belinda
