Why is Turbo Tax selecting AMT Deprecation and how do I correct it?
Turbo Tax is automatically selecting AMT deprecation for my assets. However, my prior tax accountants were using the 200 DB HY method. How do I correct Turbo Tax to show the same deprecation method I have been using the past 4 years?
01349
1 Replies
MarilynG1
Expert Alumni
Mar 12, 2025 11:02:07 AM
AMT depreciation rates may apply if both of these are true:
You separately depreciate items you used in a residential real estate activity, like:
Appliances
Carpet
Furniture
You use the 200% declining balance method.
Most likely the Regular and AMT depreciation amounts are the same.