Drake Tax – State, AMT, and Book Depreciation Not Updating from Prior Year

Article #: 14454

Last Updated: October 18, 2024

 


Tags: Drake Tax

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Amounts for the State, AMT, and Book depreciation columns on screen 4562 will only be updated from the prior year if the amounts differ from the Federal column. As the column header indicates, entries in those columns should only be made when the amounts are different than federal amounts.

Image of screen 4562

If the State, AMT, or Book columns are different than the Federal column, the amounts will be updated to the next year as expected.