- This topic has 2 replies, 2 voices, and was last updated 7 years ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
- Posts
I am having a problem in tax allowable depreciation. They have taken 125 for all 5 years. But in adding back depreciation, they have added back 125 for first four years and then 250 in the last year. Aren’t we supposed to add what we deducted in the first place?
thanksJust watched your lecture on this. I did it exactly the way you did it. However it is beyond me why examiner has taken 125 each year for TAD and then added back DEP at 125 for 1st 4 years with the balancing allowance at 5th year of 250.
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.