Screen MODepr - Missouri Depreciation Adjustments (1120)

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Adjustment for State Differences in Depreciation

Adjustment for depreciation difference
The application automatically calculates the amount based on data entered in the asset module. Use the
Force
field to override the calculated amount, or to enter the amount of the adjustment if you are not using the asset module.
note
The subtraction is calculated from current year depreciation amounts in the MO column of the asset module for assets placed in service on or after 7/1/02 and before 6/30/03. This amount appears on Form MO-1120, Page 3, Part 2; or on Form MO-1120-S, Page 2.

Adjustment to Income for Disposition of Assets

Depreciation disposition adjustment
The application automatically calculates the amount based on data entered in the asset module. Use the
Force
field to override the calculated amount, or to enter the amount of the adjustment if you are not using the asset module.
note
The subtraction is calculated from depreciation amounts in the MO column of the asset module for assets placed in service on or after 7/1/02 and before 6/30/03. This amount appears on Form MO-1120, Page 3, Part 2; or on Form MO-1120-S, Page 2.

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