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August 9, 2024
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Add diagnostic to check state's depreciation when current year special depreciation override is used

Related products:Lacerte
  • August 9, 2024
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In general, when current year special depreciation is overridden, a diagnostic is needed to alert the tax preparer to verify if state is in conformity and if not, a -1 should be entered for the state current depreciation and any current  depreciation for the state should be entered.