Thank you for replying. Yes, I used the bonus depreciation to depreciate the entire amount of the SUV in 2022, using Turbo Tax. When I was doing my 2023 taxes, I carried over the information from 2022 into the 2023 Turbo Tax return. Turbo Tax did not recognize that I depreciated the entire amount of the SUV in 2022 and depreciated it using the 5 year method. I had to go in and manually change the prior depreciation field in the depreciation work sheet in turbo tax for 2023 (it was blank). I would have thought this would have carried over from the 2022 data, but it didn't.
Is it correct to assume that if you take the special bonus depreciation for 2022, that you can't start depreciating the SUV again?
