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Get your taxes done using TurboTax
Carl,
Before I do that (and thanks for the detailed explanation as to how to go about it) I sent a separate question (not having seen your answer here) to the effect that prior depreciation does show on the assets worksheets. Notwithstanding that, it does not transfer to the 4562.
I am wondering because my income is much higher this year if AMT calculations could have something to do with this? I am not, however, subject to the AMT tax this year.
Thank you.
March 2, 2022
4:39 PM