TY2022 Depreciation of a 20 year asset

[meking53]

I have used segmented depreciation on my rental property since buying it on 5/1/2006. I have treated the sewer line as a 20 year asset  using the 150DB depreciation method. How do I force TurboTax Home and Business (desktop) to depreciate an asset as 150DB on a 20 year lifetime instead of a 15 year lifetime? There is no place to enter data directly into the form 4562 in Turbo Tax 2022 so I don't know how to do this.

[tagteam]

You're probably going to have to use Other when you enter this asset so that you can specify the recovery period and depreciation method.

[meking53 · Accepted solution]

Thanks! I will try this and see where it takes me.

[meking53]

Yes, choosing the "other"  category allows me to enter depreciation data directly as I need to. Thanks