Leungtax
Level 1
02-06-2024
03:24 PM
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We noticed that 2023 Lacerte is showing bonus accumulated depreciation for CA fixed assets. This should be non-existent since CA has never conformed to bonus depreciation. This is impact CY CA depreciation expense. Has anyone experienced this?
bhcpa1
Level 1
02-08-2024
10:05 AM
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We are having the same problem. Going to the asset that has the problem and putting -1 in the state if diff column for prior special depreciation corrects the issue, but Lacerte needs an update to fix the problem.
abctax55
Level 15
02-08-2024
11:18 AM
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I have checked mine (Indiv, Ptshp, S-Corp) and do not see this issue.
Perhaps re-proforma'ing will fix the issue; I do wait until the absolute last possible minute to proforma so mine weren't transferred until late Dec.
HumanKind... Be Both