Enter an asset's current-year business use percentage

To enter an asset's current-year business use percentage, perform the following steps.

note

You can enter the current-year business use percentage only for vehicle and listed property assets.

Open the client and, if necessary, select an activity folder.

Select the asset and select the Modify
button.

In the

Asset Detail

window, select the Vehicle/Listed
tab.

Do one of the following, depending on the type of asset.

For listed property assets, enter the current-year business percentage in the Business use percentage
field in the Listed property group box.

For vehicle assets, enter the current-year business use percentage in the Business use percentage
field in the Vehicle use group box.

Enter any other information for the asset.

Select Done
to return to the

Asset List

window.

This article applies to:

Product: UltraTax CS
Return type: 1040 Individual,1120 Corporation,1065 Partnership,1041 Fiduciary,990 Exempt Organization
Subject: Depreciation