Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-03-2008, 04:54 PM
Junior Member
 
Join Date: Mar 2008
Posts: 1
AMT for Sole Propriotors- depreciation??

When refiguring depreciation for line 17 on form 6251 (from 200%db to 150%db) does one refigure all previous year's depreciations included on line 17 of the 4562, and does one refigure depreciation on listed property, from line 21 of the 4562? Then, does one add those amounts to the refigured depreciation from line 19 of the 4562?

I spoke with 9 people at the irs, and no one could answer my question, until finally an agent told me they aren't allowed to answer AMT questions because they're too complicated!!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
How to Avoid a Tax Audit for Sole Proprietorships TaxGuru General 2 05-02-2013 07:30 AM
Sole Proprietorship LLC jerrod Sole-Proprietorship 1 03-04-2008 11:02 AM
Help With 1099 Sole Proprietor Tax Deductions and Record Keeping Keezee Income 1 09-28-2007 09:22 AM
S Corp conversion to Sole Proprietor Marshall S-Corporation 1 09-27-2007 09:26 AM
Tax Checklist for Sole Proprietorships/Schedule-C Filers TaxGuru General 0 03-12-2007 10:12 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning