If you had zero depreciation in 2020, you would enter zero for both the Special Depreciation allowance and AMT Special Depreciation. But before you make those entries, look through your copy of last year's return to see if you have a Depreciation and Amortization Report and an Alternative Minimum Tax Depreciation Report. There is a column for Special Depreciation Allowance on both these reports, which will confirm the number you need to enter for SmartCheck.
This information is typically imported from last year when you start your current year return. But sometimes the system doesn't handle this properly. Unfortunately, the asset interview doesn't always ask for prior Special Depreciation, so you should enter these numbers from the SmartCheck screen. This process is meant to catch missing info so your return e-files correctly.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
