I am using TurboTax Online Premium. I am moving my rental property (Schedule E) data from TaxAct into TurboTax and I am unable to correctly enter a 5-year asset that requires the Mid-Quarter (MQ) Convention.
The Asset Details:
Item: Dishwasher
Acquired/Placed in Service: 12/03/2022
Cost Basis: $398
Prior Depreciation taken through 2024: $262 (verified from my 2024 Form 4562)
Required 2025 Deduction: $54 (based on 5-year MACRS 200DB MQ table)
The Issue: Because the asset was placed in service in December, it must stay on the MQ convention. However, I cannot find the "Convention" toggle in the standard "Appliances" workflow.
When I try to use the "Other Property" path to find more manual settings, TurboTax keeps routing me into the "Amortizable Intangibles" workflow.
Even if I bypass the "Code Section" requirement, the software defaults to Straight-Line Amortization and calculates $80 ($398 / 5 years).
It is treating a physical dishwasher as an intangible asset, which is causing an incorrect calculation.
My Question: How can I access the manual MACRS Depreciation screen to select Mid-Quarter (MQ) and the 200DB method for a physical asset without being forced into the Amortization/Intangible workflow? I need the software to calculate the $54 deduction to match my existing IRS depreciation schedule.
Is there a specific "Description" or "Category" that unlocks the MACRS Convention dropdown for an existing asset?
