Future depreciation

[L.S.]

Have just 1 client who always requests the future depreciation sheet. I realize we don't have this option this year - he has loads of depreciation - is there any good way to give him an estimate of 2010 depreciation?

thanks,

[Mike D]

It appears to me that you have 3 options.

First you can follow all of the previous links re: Fixed Assets, etc.

Second you can change software companies next year as I am planning to do.

Third you can do nothing and continue to be manipulated by a company that continues to remove features without prior notification, raise prices and offer the worst technical support ever?

Good luck

Mike Dubin CPA

[Bart]

Have just 1 client who always requests the future depreciation sheet. I realize we don't have this option this year - he has loads of depreciation - is there any good way to give him an estimate of 2010 depreciation?

thanks,

Future depreciation is still there on the 4562.

[Margaret CPA in OH]

Yes, Bart is correct. I just pulled up the Next Year Fed. report on my own return. I was wondering about this other report that others mentioned earlier that was missing and thought it was the one I just pulled up. Guess I didn't use the other one...I'll have to check a 2008 return and see what I've been missing!

[kcjenkins]

It's the History that is missing. Next year depreciation is still there.

[Margaret CPA in OH]

Aha! That sounds familiar! I guess I never used the history - don't know why exactly why I would need it as it would be in each year. But then, I do use the CMI program separately and keep other client files. Thanks, KC, for the reminder.

[kcjenkins]

The history screen was useful for things like an overlooked asset, where you need to use the 3115 to pick it up, etc. Or to compare to what was actually taken on a self-prepared return, for example. Not critical, but useful now and then.