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jgr
Level 1

Special Depreciation Allowance for computer

I have never depreciated the computer I bought in 2000 before. I just added it, and TurboTax is asking for the Special Depreciation Allowance.  How do I fill this out?

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MaryK4
Expert Alumni

Special Depreciation Allowance for computer

A computer you purchased in 2000 is not eligible for special depreciation.  The original use of the property must begin with you after August 31, 2008.
 

You can take a special depreciation allowance to recover part of the cost of qualified property (defined next) placed in service during the tax year. The allowance applies only for the first year you place the property in service. 

 

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2 Replies
MaryK4
Expert Alumni

Special Depreciation Allowance for computer

A computer you purchased in 2000 is not eligible for special depreciation.  The original use of the property must begin with you after August 31, 2008.
 

You can take a special depreciation allowance to recover part of the cost of qualified property (defined next) placed in service during the tax year. The allowance applies only for the first year you place the property in service. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
jgr
Level 1

Special Depreciation Allowance for computer

Thank you!

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