Display Calculation dialog

This window in the asset module displays an explanation of how depreciation is calculated for the current asset. If the application automatically limited the calculated depreciation for any reason, it displays a commentary line at the bottom of the window. Note that the application defaults to displaying the calculation for the column in the Depreciation tab of the Asset Detail window where the cursor was located when you chose Tasks, then Display Calculation. You can select a different treatment if desired.
If the current asset is an aggregate asset, this window also lists each component asset. The explanation in the the window corresponds to the selected component asset.
This window is accessible when the Asset Detail window is open. Select Tasks, Display Calculation or select the column heading for the desired treatment to open the Display Calculation window.

Fields and buttons

To view the depreciation calculation for a specific treatment, select the desired treatment tab.
This column displays the depreciable basis less any business use percentage limitation, section 179 deduction, and/or prior depreciation.
This column displays the calculation of the rate used to depreciate the asset in the current year.
This column displays the number of months held and the total months used in the calculation of current depreciation.
Displays the calculated depreciation. If the application automatically limited the calculated depreciation for any reason, it displays a commentary line at the bottom of this window.
If the application automatically limited the calculated depreciation for any reason, it displays a commentary line here.

Aggregate asset detail group box

Lists the component assets that form the current aggregate asset. The explanation in the window corresponds to the selected component asset.
Displays the total current depreciation of all component assets that form the current aggregate asset.

Uncapped Prior amount

In the Basis column there may be a reference to
uncapped prior
depreciation.
This results from marking the
Calculate vehicle depreciation limits per Re. Proc. 2011-26
checkbox available if you open Settings and select Options.
When this option is marked the amount of bonus depreciation that was not permitted in the first year due to auto limits is not recovered until after the assets recovery period has ended.
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