26 US Code Section 199A - Qualified business income allows for a deduction from taxable income based on QBI. This deduction has limits. One of the limits includes 2.5 percent of the unadjusted basis of qualified property (Sect. 199A(b)(2)(B)(ii)). This limit has further clarifications. For example, some assets will be treated as being depreciated over 10 years even if bonus depreciation is claimed. Could a schedule be created to convert assets to the factors of this code section to calculate the 2.5 percent limitation for preparers?13 votes
Please allow a "print home base" option for this program as well as allowing the program to categorize the printing (C-Corp, S-Corp, etc.)4 votes
Create standard reports in the 2018 Fixed Asset Manager to have the disposals in Asset Disposition by Sales Description grouped by category
Group Asset Disposition by Sales Description and Assets Acquired in the Current Year grouped by category. This would help anyone filing a tax return.1 vote
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