Screen VADepr — Virginia Depreciation Adjustments (1120)

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Depreciation Adjustments for Disposition of Assets

The application calculates the amount based on data entered in the asset module. Use the
Force
field to enter the amount of addition if you're not using the asset module.

Section 179 Adjustments

Enter an amount if the client has a section carryover from the prior year. The application calculates the Section 179 carryover and proformas it to the next year.
Enter an amount to force the business income limitation used to calculate the Section 179 expense deduction. Enter
0
(zero) if applicable. If this field is blank, the application uses the amount from federal Form 4562.
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