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Level 2
July 19, 2022
Question

How to make depreciation to be computed on a fiscal year fiduciary tax return

  • July 19, 2022
  • 1 reply
  • 17 views

The return has a June 30, 2022, year-end.  The system will not compute any depreciation on assets placed in service in 2022, only ones placed in service in  2021.

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1 reply

George4Tacks
Level 15
July 19, 2022

In Screen 1, did you indicate FYE of 06? It is right after Date Entity Created in Miscellaneous Info

Answers are easy. Questions are hard!
Sam10Author
Level 2
July 19, 2022

Thank you so much, that worked!