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Deductions & credits
In TurboTax, an "xbas too high" message typically refers to the depreciation allowed for that particular asset for the current tax year, which includes the depreciation claimed as deductions for that some asset in all prior years. Essentially, the program is saying that this year's depreciation deduction is too large.
Please see Original Post By derickborst
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‎February 13, 2020
4:06 PM