Depreciation II

[Chief]

I am interested in knowing how many of you do a AMT depreciation of assets for your clients. If AMT is figured for the return do you go back to your depreciation and do an AMT depreciation of assets. There is usually not much difference but the life period of some assets changes from what the regular depreciation.
Does you software have this feature?
What software do you use?

[solomon]

I would

think everyone would do this. I would also assume most tax prep software would do this automatically. Mine does.

[Chief]

Depreciation II

Soloman what software do you use?

[wv112]

Tax Wise software does this.

[solomon]

Chief

I use TaxAct.

[S T]

Mine as Well

I run both regular and AMT Depreciation. Software calculates and can produce reports. TaxWorks.

Sandy