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New Member
posted Jul 14, 2020 6:59:43 PM

Must either take special depreciation or take regular depreciation on all assets. How do I make all stimulus seven-yr property depreciation assets the same?

Msg states, "We noticed you want to take special Economic Stimulus depreciation on some of your depreciable assets and regular on the rest." Says to "go back to topic(s) where I worked on stimulus seven-yr assets and make necessary changes. Option to edit Business Income (schedule C) AND/OR Job-Related Expenses (Form 2106)."  Have tried making multiple changes and still get the same screen info under "Let's check your seven-year property depreciation."

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1 Replies
Level 15
Jul 14, 2020 8:52:40 PM

If you can't find the error, you may want to contact Support.  It looks like you are already paying for the "Live" version, so they should be able to help you through that.

 

Another option is to delete all of the new assets for the year and re-enter them.