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dlujcc351
Returning Member

Can I change number of years to depreciate business assists on form 4562? TurboTax Business, auto set to 7 years. How do I change to 5 years to match last year from CPA?

Can I change number of years to depreciate business assists on form 4562? TurboTax Business, auto set to 7 years. How do I change to 5 years to match last year from CPA?

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Carl
Level 15

Can I change number of years to depreciate business assists on form 4562? TurboTax Business, auto set to 7 years. How do I change to 5 years to match last year from CPA?

yes you can. When you start adding the asset, pick the classification category of "other" and work it all through manually.

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