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Depreciation for Business Use % for Farm truck is not correct.
Purchased new truck 11/21. Mileage is entered as 64% business, but TurboTax is calculating it by the calendar year on the car and truck worksheet and is only reflecting 2 months for special allocation(line 10b) at 10.42% (line 9). It's not letting me get the whole (64%) special depreciation that I want to take this year. How can I get the whole special depreciation to show for 2021? Thank you for any help.
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‎April 14, 2022
11:17 AM