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vandersteur7
Level 1

I am trying to enter an item for depreciation and need to use the mid-month convention. The program only suggests HY or MQ. How do I elect MM?

 
2 Replies
Critter
Level 15

I am trying to enter an item for depreciation and need to use the mid-month convention. The program only suggests HY or MQ. How do I elect MM?

Mid-month convention is only used for real estate so when you indicated what type of property it was did you choose real estate? Go back and review your property type chosen.
2018problems
Level 2

I am trying to enter an item for depreciation and need to use the mid-month convention. The program only suggests HY or MQ. How do I elect MM?

it would be good if TT provided that explanation in the program

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