Current Depreciation

Enter the gross state if different current year regular depreciation for each asset, when using the "Code to Force" option. If 0.00 (zero) current year depreciation is desired, a zero must be entered. The amount entered is multiplied by the computed business percentage.

If the "Code to Force" is not entered, the depreciation is computed using the state "Method" and "Life" entries on State column if present, otherwise the corresponding Federal column information is used. The computed amount carries to the state return.