Question

prior year asset

Forum|Forum|6 years ago
February 13, 2020
1 reply
0 views

I used a different company to prepare my taxes last year. I have business assets from last year that we took 100% special allowance on, purchased 4/19/18, 6/8/18 and 10/22/18. Do I need to add them since they are zeroed out, and if I do, how do I get around the software not asking about the prior years special allowance depreciation?

TurboTax Self Employed Online

T

ThomasM125

You don't need to enter them again unless you sold one of the assets, in which case you will need to know what you paid for it and when it was purchased.

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