When you installed the equipment and furniture doesn't matter. What matters is the date placed 'in service". That in service date is when depreciation starts. If you'll just work it through the program, as you enter things in the business assets section and make the proper selections, you'll see that the furniture and equipment is depreciated over 5 years. But it's not something that you need to "know". When you select the correct classification category as you work the asset through, the program will select the property MACRS schedule for you, based on your selections.
