Yes, you can override if you use TurboTax CD/Download. The override can be accomplished on the Depreciation Worksheet in Forms mode. You must select the field, then right click and select 'Override'.
Your assets and depreciation continue on as though nothing changed because they always belonged to you. You will arrive at the correct overall depreciation for the year if you add your assets exactly as they were on the LLC, then adjusting the personal side to reflect the 75%, Together with the LLC K-1 and your personal depreciation you will utilize 100% of what you are allowed for 2021.
This will allow you to change the current year depreciation and then in the future you should not have to override again.
Returns that contain overrides cannot be e-filed and may not be covered under our 100% Accurate Calculation Guarantee.
@Erik1963
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
