Hello Charsco,

If you have 2026.0 or above installed there is a new feature that you can turn on for State book tax purposes to enable the different 168% options for use. You do this by first open the company where the assets are located, then click File menu, Edit company. In there is a box to check for 168% Extra. Click this and check all the listed % there, click ok twice and you will now be able to enter 20% for your state tax assets.

~Lovisa

Why does Sage say that 20% is not useable for federal purposes when we have assets acquired prior to 1/20/2025, but not placed into service until 2026, so we should be using 20% on them as anything acquired prior to 1/20/2025 is not eligible for 100%

Why does Sage say that 20% is not useable for federal purposes when we have assets acquired prior to 1/20/2025, but not placed into service until 2026, so we should be using 20% on them as anything acquired prior to 1/20/2025 is not eligible for 100%