topic Entering restorations in TT in Get your taxes done using TurboTax

Entering restorations in TT

toddrub46 — Mon, 23 Feb 2026 14:08:23 GMT

My truck required a major repair which I believe qualifies as a restoration under the BRA test. How do I enter this into TT. If I create a new asset I'm not sure if I enter the in-service date for the vehicle being repaired (which was in 2015), or enter the date of the restoration as the " in service date". It gives some wacky results if I use the date the vehicle went into service. I'd like to write off the restoration cost under 179. The vehicle is fully depreciated and is NOT a "listed asset".

Re: Entering restorations in TT

ErnieS0 — Sun, 26 Mar 2023 16:01:02 GMT

The restoration costs would be a new asset under the "betterment, a restoration, or an adaptation" test. Therefore, the in-service date would be the date when the restoration was complete.

Generally, a property is considered placed in service when it is ready and available for a specific use, regardless of whether or not it is actually used at the time.

See Depreciation Reminders

Re: Entering restorations in TT

toddrub46 — Sun, 26 Mar 2023 16:27:16 GMT

Thanks for the quick response, I'll do that.