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Level 1
November 5, 2024
Question

bonus depeciation on vehicle

  • November 5, 2024
  • 2 replies
  • 3 views
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    2 replies

    George4Tacks
    Level 15
    November 6, 2024
    George4Tacks
    Level 15
    November 6, 2024

    Okay. I got out my Quija Board and I am going to take a guess that you want that amount to be a big fat ZERO.

    A weird feature of ProConnect (and Lacerte) is that entering a zero (0) is just like entering a nothing. If you really, truly want a zero you need to enter a negative one (-1) which will then be recorded as a zero (0).

    You would therefore enter the amount in the override box (noted by a [O]) as a -1. You likely also need to put in the next column to override the state amount. 

    Answers are easy. Questions are hard!