pflsf
New Member

My accountant used deprec.method 200DB for the purchases of equipment in 2014 for 5 yr recovery &in 2015 for a 7 yr recovery period. Where can I enter MACRS deductions?

HY convention was used both years.
Basis of new asset in 2014 was $2100 for 5 yrs,
Basis of new asset in 2015 was $4000 for 7 yrs.
Having a hard time figuring out what figure to use and where to put it in this program.
I am self employed.