My regular depreciation on my rental building is showing an incorrectly calculated depreciation (Forms View Line 11) as in includes the AMT adjustment/preference (Forms View Line 14).
How do I remove the incorrect addition of this adjustment to my regular depreciation?
Specifics are:
Regular Depreciation: $5,995 (Should be $5,636)
Years to fully depreciate: 27.5
MACRS Convention: MM
Depreciation Method: SL
Cost Basis: $155,000
Date I started using it in this business: 5/16/2024
Business percentage: 100%
Sold: No
Asset Category 1 - Residential use
Section 179 deduction: $0
Special Depreciation Allowance: $0
TT Forms View Line 13 AMT depreciation: $5,636
TT Forms View Line 14 AMT adjustment/preference: $359
TT Forms View Line 11 Depreciation deduction $5,995