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Investors & landlords
Is this amount on Line 37 as Prior Depreciation? If you transferred this vehicle from last year this amount is brought forward from your prior year depreciation report. Line 37 flows to Line 51 (same for AMT depreciation if present).
When you question a number in a black font, right-click the number and choose "Data Source." This will bring up a box with a hyperlink to the form where that number was sourced. If the number is still black on that form, repeat the Data Source + hyperlink to follow the number to the next form.
If the box is blank, right-click and choose "About" for On-Demand Tax Help with more information.
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‎February 22, 2024
8:43 AM