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    S Corp and Short Year

    If a sole proprietor converted to S Corp mid year, do I still have to use short year depreciation for the S Corp. I am already pro rating the depreciation on the assets between Sched C and S Corp.

    thanks
    Sandy

    #2
    No

    Just prorate the depreciation.
    I would put a favorite quote in here, but it would get me banned from the board.

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      #3
      S Corp

      Thanks Matt

      Sandy

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