On the asset depreciation report it does not show the State depreciation. The far left column is the name of the asset and the cost. The other columns on the right shows the total amount of depreciation and the last column is “This year’s depreciation “. If the asset is fully depreciated then the last Column is “0”. So when you dispose of an asset and the program asks about what was the prior year depreciation and the prior year in the last column is “0” but the total prior depreciation was $2,000. Which amount is the correct amount to enter?
