CCH Axcess Tax

Code to Force (Accountant Computed Depreciation)

Enter a "1" in this field and an amount in the field for "Current Year Depreciation", for each asset in which accountant computed depreciation is desired. Enter a "2" in this field and an amount in the field for "Current Year AMT", for each asset in which accountant computed depreciation is desired. Enter a "3" in this field and an amount in both the "Current Year Depreciation" and "Current Year AMT" fields to utilize the accountant computed depreciation for both.

A return wide election to force accountant computed depreciation amounts on ALL assets in the return is available on the Depreciation and Depletion Options and Overrides worksheet, Depreciation Options section. Enter the applicable code in the "Code to Force Accountant Computed Depreciation on All Assets" field. The entry of a code in this field will override, for this asset, any election made on the Depreciation and Depletion Options and Overrides worksheet, Depreciation Options section.

Note: Accountant computed depreciation is not limited to the depreciable basis and negative depreciation is allowed when this feature is used. NO verification of the amounts will occur. Use of this option may cause overrides to be necessary in subsequent years.

If an asset is subject to Section 263A rules, enter a code of "A" or add an "A" to the "Code to Force" entry (i.e., "1A," "2A" or "3A"). The "A" indicates the basis is to be included on the "Current Year Basis Attributable to Section 263A Costs" line in the Summary section of Form 4562.

If only a portion of an asset basis is subject to Section 263A rules, that portion must be entered as a separate asset.

Valid codes for these fields:

1	Force accountant regular depreciation
2	Force accountant AMT depreciation
3	Force accountant regular and AMT
	depreciation
A	Property subject to Section 263A
1A	Force accountant regular depreciation
	and property subject to Section 263A
2A	Force accountant AMT depreciation and
	property subject to Section 263A
3A	Force accountant regular and AMT
	depreciation and property subject to
	Section 263A