I entered your numbers and came up with a depreciation amount of $259.
If you take the cost of $1,556 and divide it by three years and then by twelve months you get a monthly depreciation of $43.22. I you multiply this by six months (TurboTax assumes a 1/2 year convention) you get $259.
So with the exception of the 1/2 year convention that is debatable, the program seems to be working correctly.
It may be necessary for you to delete the asset entry and re-enter it. Sometimes if you change the figures too many times the routine won't work properly.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
