I farm. I elect MACRS, ADS and Straight Line.

[adloona]

Shed Addition of $3094.00 has a recovery period of 25 years. On the form page it shows as 50 years even though I chose 25 years and cannot be changed.  It calcuated second year depreciation as $62.00.  The correct figure is twice that, $124.00.  I hope you will update a correction for this.  If not I will be forced to snail mail my return which needs to go ASAP.

[Mike9241]

for class type, did you select other. 

depreciation type MACRS

asset class 20 (Always the GDS life) 

depreciation method alt

recovery period 25

[adloona]

Thank you! Changing the asset class to 20 was the game changer.  It now gives the correct answer of $124.00.  This is the second year.  TT did not put in $15.00 prior depreciation taken so I can input it.  Thank you so much.