https://ttlc.intuit.com/community/taxes/discussion/utility-tractor-depreciation/01/1751912#M621604 <P>I purchased a Utility Tractor in 2019 that I use 100% of the time at my Mobile Home Park.&nbsp; In setting up the asset, I am selecting "Tools, Machinery, Equipment, Furniture".&nbsp; The next screen has the selections for "General Purpose Tools, Machinery, and Equipment" and "Construction Machinery &amp; Tools".&nbsp; I'm not sure which one to select.&nbsp; This is a mid-size John Deere Tractor with a front-end loader &amp; box scrape.</P> Mon, 07 Dec 2020 17:28:06 GMT Stupidasur3 2020-12-07T17:28:06Z https://ttlc.intuit.com/community/taxes/discussion/utility-tractor-depreciation/01/1751912#M621604 <P>I purchased a Utility Tractor in 2019 that I use 100% of the time at my Mobile Home Park.&nbsp; In setting up the asset, I am selecting "Tools, Machinery, Equipment, Furniture".&nbsp; The next screen has the selections for "General Purpose Tools, Machinery, and Equipment" and "Construction Machinery &amp; Tools".&nbsp; I'm not sure which one to select.&nbsp; This is a mid-size John Deere Tractor with a front-end loader &amp; box scrape.</P> Mon, 07 Dec 2020 17:28:06 GMT https://ttlc.intuit.com/community/taxes/discussion/utility-tractor-depreciation/01/1751912#M621604 Stupidasur3 2020-12-07T17:28:06Z https://ttlc.intuit.com/community/taxes/discussion/re-utility-tractor-depreciation/01/1752065#M621658 <P>It most likely has a class life of five&nbsp;years for your purposes since you are not using the tractor for agriculture.</P> <P>&nbsp;</P> <P>Otherwise, it would have a class life of seven years.</P> Mon, 07 Dec 2020 20:48:04 GMT https://ttlc.intuit.com/community/taxes/discussion/re-utility-tractor-depreciation/01/1752065#M621658 Anonymous_ 2020-12-07T20:48:04Z