
Anonymous
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Investors & landlords
@Anonymous_ @AmeliesUncle @Carl
As far as I know, the IRS requires us to use 200DB for regular depreciation and 150DB for AMT depreciation.
In any case, TT does not allow me to change the depreciation methods in the federal return.
Note: TT does this correctly for CA state return. It uses 200DB for regular and 150DB for AMT.
‎February 20, 2022
10:30 AM