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Get your taxes done using TurboTax
This is a C-Corp. I simply used Turbotax Business (downloaded version, 2019) and performed the steps I outlined. $1556 using 3 year straight-line works out to be $43 per month. Sep-Oct-Nov-Dec 2019 is $172.92. $311 is the straight-line 5-year depreciation for entire year. Why is Turbotax not calculating for the months used?
‎January 26, 2020
10:22 AM