Regardless my MAGI, depreciation should count as ‘expense’ towards the gains. The MAGI applies if you have losses as it reduces the ability to report those, however I do have gains, even if depreciation would be considered..
The issue is that I do kit see any recalculation to reduce my gains when adding depreciation.
I cannot see the final forms as I am not ready to submit as some entities have not yet provided me other forms I need to complete the return.
I guess I need to do the overall tax process and then review that depreciation is really
subtracted from the gains and therefore done correctly.
Not sure why this year this is not working well , in my opinion, on the online version.
It was very straight forward and clear the previous years.
