Marty-H
New Member

Error in Final Year of SL Depreciation calculation?

I am using Turbotax 2018 Deluxe.  I have a problem with the final year of SL annual depreciation.  The Date in Service is 4/1/1992. The Depreciable Basis of the asset is $35,491.  The method is SL with a 26.5 year life.  The prior depreciation into 2018 is $34,147. The software is listing Current Depreciation for 2018 as $51.  Since TurboTax, in prior years, has been rounding off Current Depreciation to $1339, should not Current Depreciation for 2018 be $1012, the remainder?