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CCH Axcess Tax

Detailed Depreciation Print Option

A federal depreciation detail report supporting current year regular depreciation computations is prepared from entries on Business, Rent and Royalty, Farm/4835, Passthrough Items worksheets, Depreciation and Amortization section for each asset. A separate report is prepared for each related business entity or activity. The report is collated behind the related business entity form/schedule in the return.

If no entry is present, the report prints in the accountant's and taxpayer's copies of the return. This entry will affect all federal detail depreciation schedules including current year, next year, and AMT schedules.

If requesting the depreciation detail in the government copy, alternate print sequence will NOT be used for the depreciation detail forms. The detail is collated behind the related business entity form/schedule in the return.

When selected, the state-if-different/book-if-different current and/or next year reports will print in the accountant's and taxpayer's copies of the return, based on the entry here. The state-if-different/book-if-different current and/or next year reports will not print in the government copy of the return.

See Also

MACRS Convention Code

X to Suppress Printing of Asset Numbers on Detail Depreciation Report

Valid codes for these fields: