SunTaxMan Posted February 11, 2008 Report Posted February 11, 2008 In 2006 ATX, there was "Basis Remaining" entry box for standard mileage allowance. In 2007, I haven't found a designed-in method for tracking basis reduction when using standard mileage allowance. I have tried leaving "Depreciation Method" blank and using override to enter basis reduction for this year. This seems to work in Asset History, but produces error in "error check" (not just "override." Am I missing a "standard mileage" check box somewhere that will enable the software to track basis reduction - without "manipulating" the software to produce the correct results? Quote
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