topic Depreciation in Investors & landlords

Depreciation

joakharbor — Mon, 09 Mar 2026 09:16:54 GMT

The Tax Account I used for years retired this last year and I am using TurboTax for the first time. In depreciating new windows that were installed in 2014 on my rental house, my account used a 15-year life depreciation schedule, When I enter the data in Turbo Tax is showing a 5-year depreciation schedule. How can correct it to match the deprecation schedule I have been using in the past years? Thanks

Re: Depreciation

AmyC — Wed, 02 Mar 2022 23:22:57 GMT

Follow these steps:

Return to the asset
Edit
Intangibles, Other Property
Continue
Select Other asset type
Describe Windows
Cost $$
Date acquired in 2014
Continue
Purchased new
Enter date of business use
Continue
Asset class, select 15 year
Continue
MACRS - select HY or MQ to match 2014 forms
Continue
Select the depreciation method - again match 2014 forms
Continue
Review
Continue
Listed? No
Confirm prior depreciation

Re: Depreciation

joakharbor — Wed, 02 Mar 2022 23:27:08 GMT

Thank You. Have a Great day.

Re: Depreciation

AmeliesUncle — Fri, 04 Mar 2022 03:30:01 GMT

Windows are considered as part of the building. That means they are depreciated over 27.5 years. Both 15 years and 5 years are wrong.