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New Member
posted Sep 10, 2022 2:38:34 PM

How do you change the Depreciation convention in turbo tax business

I'm entering assets from prior years and need several of them to be calculated using the MidQuater convention but the software makes them all half-year.

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1 Best answer
Level 15
Sep 10, 2022 3:13:02 PM

If you are indeed using TurboTax Business, then enter the assets in Forms Mode on the Asset Entry Worksheet.

1 Replies
Level 15
Sep 10, 2022 3:13:02 PM

If you are indeed using TurboTax Business, then enter the assets in Forms Mode on the Asset Entry Worksheet.