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Strange TT depreciation deduction -- more than SL
TurboTax is computing residential rental depreciation greater than 27.5 year SL, with an element entitled
"AMT Adjustment/Preference"
And putting the over-correct(?) amount on Schedule E. I've never seen this before. Am I missing some change in tax law?
(Retired EA)
March 30, 2025
6:57 PM