1683720
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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."
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

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?

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.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question