Adjust Bonus Depr

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Adjust Bonus Depr

Existing assets eligible for Bonus Depreciation and placed in service for the current fiscal year will appear upon entering this utility.

This utility is used to adjust Bonus Depreciation percents. You can fill in the percent per asset, when you have all amounts as needed select Update to add the bonus percents to the assets.

 

Adjust bonus

 

Note: Please see Company Limits and Class Limits for annual deduction limitations on Bonus Depreciation. The limits will only be applied to the TAX and AMT books.