
Anonymous
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AMT depreciation for 5 Year asset is 200DB. Cant change to 150DB for older asset.
I used a different tax filing software last year for 2020. I am switching to Turbotax for 2021.
My prior AMT depreciation for a 5 YR asset for my rental property was calculated using 150DB. However, TT calculates all AMT depreciation using 200DB. I am also unable to change this in the forms mode for an older asset. Please help.
‎February 19, 2022
11:38 AM