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Get your taxes done using TurboTax
I finally found a solution to this, although it's a different software/website called: "OLT".
They are part of the IRS free file program so they are reputable.
They let you not only get the proper amount on line 16 of form 4562, they allow you to customize the depreciation amount to cater to your income forecast method calculation.
‎February 11, 2022
8:58 AM