I have my 2012 Depreciation and Amortization Report that lists several depreciated assets (Date in Service, Cost, Business Use, Section 179, Depreciation Basis, Life, Method/Convention, Prior Depreciation and Current Depreciation.
When I enter those assets in my 2013 Depreciation and Amortization Worksheets for each asset, using the 2012 data, TurboTax 2013 calculates the Life, Method/Convention different than what was used in the 2012 asset worksheets.
For example my 2012 TurboTax worksheet shows the following for the building: Life 31.5 (years) - Method/Convention = SL/MM.
When I enter this building in my 2013 TurboTax Depreciation and Amortization Report it doesn't give me any choices and uses the following: Life 27.5 (years) - Method/Convention = SL/MM.
Where do I go to enter in my 2013 TurboTax to change the Life of the building from 27.5 years to 31.5 years?
