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Level 1
June 6, 2019
Solved

I have website development costs placed in service and now I need to determine how long to depreciate those costs. Does IRS have a standard life expectancy for software?

  • June 6, 2019
  • 1 reply
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Best answer by CherylW

Three years, see below.  Turbo Tax will categorize it correctly.

1 reply

CherylWAnswer
Level 11
June 6, 2019

Three years, see below.  Turbo Tax will categorize it correctly.