cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 6

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?

 
1 Reply
Level 20

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.