I am having a problem with TurboTax Basic 2021 200% depreciation for a 5 year asset.
TurboTax estimates $3,416 expenses for $17,082 of appliances installed and started using Sep 1, 2021. I expected the amount to be $1,992 (3.5 months at $569). FYI, $3,416 is the amount for 12 month depreciation using 5 years of straight line on $17,082. If this is a bug, please acknowledge and provide an estimated fix time. If this is not a bug, please provide directions how to enter double declining basis for a mid year installation.
