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Car depreciation - form 4562
Hi,
How does TT calculate the depreciation amount for a car in the second year of service, if section 179 was used in the first year?
For the second year on form 4562, TT show a depreciable basis of $4489, but under current depreciation only $575.
Worksheet part VIII :MARCS, asset class 5, depreciation method 200HB and MARCS convention HY?
Thanks
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a week ago