Again this year, Turbo tax is not calculating CA depreciation for rental property correctly for assets that are being depreciated with 200DB. Anyone else also have this?
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Again this year, Turbo tax is not calculating CA depreciation for rental property correctly for assets that are being depreciated with 200DB. Anyone else also have this?
For assets purchased in prior years, no amount of prior depreciation shows up. So the calculated amount under 200DB is incorrect.
Again this year, Turbo tax is not calculating CA depreciation for rental property correctly for assets that are being depreciated with 200DB. Anyone else also have this?
California law does not allow you to choose a depreciation method that differs from the standard.