- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@la8 wrote:I am looking at the roof for example on a commercial office building cost 35,505 Turbotax depreciation is $190 for 8 months of 2019. It should be $606 based on IRS tables. for 39 years
Double check the date. I suspect you accidental entered that it was "placed in service" in October (which would give you $190 for depreciation).
And no, your depreciation will not be $606. Remember, the first and last month only get a 1/2 month of depreciation.
‎February 6, 2020
1:45 PM