DEPRECIATION

[LBLAHA]

We bought a used semi truck in Feb 2024 and first use was Dec 2024.  Turbo is calculating depreciation with a 3 year life.  I think it should be 5 years.  Am I right?  If so, how do I get Turbo to change the life of this asset?

[Mike9241]

a tractor for over-the-road use is 3 years. general purpose truck is 5 years. check the category you chose for the semi.