Carl
Level 15

Investors & landlords

@nagarajupalla the root of the issue is this.

You have to work through the asset in the Assets/Depreciation section. (no other section). There's a screen that will ask the question "Percentage of time I used this item in this business in 2020 (e.g. 80%)"

It's asking the wrong question. The correct question it should be asking is.

"Percentage of floor space I used in this business in 2020"

So enter the percentage of floor space there, and all should be fine.

The program already knows the percentage of time, based on the date you placed it in service, which you entered on a prior screen. Yes, I know it asked even earlier for percentage of floor space. But from what I can gather, that particular number isn't used where it "needs" to be used.