mrmjenks
Returning Member

PA Depreciation Adjustment

PropertyCost Rate 2025 Depreciation
Sign$3,6503.57%$130.31
Furniture$2,3503.57%$83.90
Laptop$1,0005.00%$50.00

Total 2025 Depreciation

$264.21

assets with MACRS depreciation (200DB with the Mid-Quarter convention). Because over 40% of the assets were placed in service in Q4, the Mid-Quarter rule applies instead of the half-year convention

 

The Depreciation deduction on the PA return is $132 vs the calculation above of $264.

 

How do I correct the PA return. It looks like the Turbo Tax calculation is incorrect.