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Deductions & credits
Mid-month convention explains the 257296 depreciable basis. It does not explain how Torbotax got 6644. The only way to get 6644 is to decrease my adjusted basis (343261) by 75% and then decrease the associated first year's depreciation (9379.14) by71%. This is double counting. I think that Turbotax has an algorithm error.
March 18, 2021
1:35 PM