New 168 Allowance percentage selection

Solution Properties

Solution ID:

250708215309767

Last Modified Date:

Wed Dec 10 17:56:56 UTC 2025

Taxonomy Path:

Category//Data

Author:

[email protected]

New 168 Allowance percentage selection

Description

Tax rules differ between the federal and state levels. We’ve added flexibility so you can apply bonus depreciation percentages even when state guidelines don’t match U.S. federal rules.

The 168 Extra feature lets you use a specific 168 percentage in a year even if it’s not valid for Federal tax purposes. Starting in 2023, you can turn on any previous 168 percentage (20, 30, 40, 50, 60, 80, 100) for a U.S. company. You can make it available through Detail View, Custom Import, and the 168 Allowance Switch.

Cause

Resolution

NOTE: This feature is available in Sage Fixed Assets 2026.0 and above

In Sage Fixed Asset Depreciation with a U.S. Company open:

NOTE: You can only apply the Sec. 168 Extra feature to one company at a time.

Go to File, Edit Company, and put a Check in the box for Sec. 168 Extra.
Click the Select % button.
Select the desired amount of extra 168 Percentages.
Click Save and then OK to save the changes.
Use the 168 allowance switch to apply the 100% allowance. See How to apply the 168 allowance and What assets qualify for the 168 Allowance switch? for more information.

Steps to duplicate