turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jbcpa31-
New Member

Where in Turbotax do I report that my depreciable business asset is on federal Indian reservation land and as such gets to be depreciated over a shorter life?

My property is a commercial building rental and instead of the 39 year life should be depreciated over 22 years due to the Indian depreciation life.
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Where in Turbotax do I report that my depreciable business asset is on federal Indian reservation land and as such gets to be depreciated over a shorter life?

If this can be accomplished at all, it will have to be entered using Forms Mode which is not available in the online versions of TurboTax (only the desktop (installed) versions support Forms Mode).

 

I would suggest that you contact Support (link below) for further guidance.

 

What is the TurboTax phone number? (intuit.com)

View solution in original post

1 Reply

Where in Turbotax do I report that my depreciable business asset is on federal Indian reservation land and as such gets to be depreciated over a shorter life?

If this can be accomplished at all, it will have to be entered using Forms Mode which is not available in the online versions of TurboTax (only the desktop (installed) versions support Forms Mode).

 

I would suggest that you contact Support (link below) for further guidance.

 

What is the TurboTax phone number? (intuit.com)

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies