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Investors & landlords
Thank you Amy for your response. Unfortunately that's not options I see in Do It Yourself Premium Web version:
1. When asked for the category, select Tools, Machinery, Equipment, Furniture.
I have "Tools, Machinery, furniture"
2. On the next screen, select Appliances, Furniture, Equipment (5-year)
There is no "next screen". There is drop down on the same screen "Office, furniture and appliances"
3. When it asks "Tell Us About This Asset," enter the name (Dishwasher), the cost, and the date.
That's on the 1st screen
4. Check the box, I purchased this asset
There is no such checkbox
5. Check, Yes, 100% for business, enter date used - probably 12/3/2022
Yes, that's what I select on the initial screen
6. Select mid-quarter convention
That's not an option on any screens I get.
Next I see following screens:
Screen 2:
Screen 3:
Question whether I claims Section 179 deduction, which I answer "No"
Screen 4:
Question about Special depreciation deduction allowance, which I answer "No"
Screen 5 with incorrect calculation:
I tried correcting value here to $262.
On final review screen amount is incorrect.