@annmci wrote:
25 depreciation should be $13,030 (20%) but TT is making it $12,378 (18.9%).
That is because your "prior depreciation" is based on the mid-quarter. TurboTax is using Half-Year, so it thinks you used too much depreciation in the first year, and therefore too much "prior depreciation", which is why it is giving that odd result.
Have you tried both ways I suggested? (1) Changing the asset in the step-by-step interview to 'other' and then 'other' again to manually enter the criteria, and (2) accessing the Asset Entry Wks in the "Forms" mode?
