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Business & farm
TurboTax already uses this table information. If you enter the purchase price 1000 and enter a date you put into service in the last quarter say 11/15/2021, and used it for business 100% from that date on. The depreciation will be $50 (5% of 1000) per the table.
The business use percent is for the time when it was a business asset. So if you used it as a personal computer for 10% of the time between 11/15/2021 and 12/31/2021 your depreciation will be 90% of $50 ($45).
Next year the entire year will be considered for the business asset so the table for year 2 will apply automatically but you can edit the asset and change the business use to say 80% (because you also used it a personal computer while it was a business asset) and your depreciation expense will be 80% of the calculated table value.
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