I have just moved to TT and am entering items for an existing rental property. How do I tell the program to use ADS for a washer/dryer placed in service in 2015?

[Chilly]

The W/D was placed in service on 12/18/2015 using the Alternative Depreciation System (straight line, 9-year recovery, mid-quarter).  I took $28 depreciation in 2015.  When I try to enter the asset through the interview, it switches it to 5-year depreciation using MACRS.  I can't figure out how to let the program know that this asset is already being depreciated under ADS.

[PatriciaV · Accepted solution]

Yes, you can enter the depreciation information manually to select ADS instead of MACRS.

1. First, choose Intangibles, Other Property, then Other Asset Types. 
2. On the Asset Class page, choose 5 year from the drop-down (this is not the recovery period). 
3. Choose Mid-Quarter
4. Choose Alternate Method (ADS). 
5. Enter the recovery period of 9 years. 
6. Appliances are NOT listed property.
7. Enter the total amount of depreciation taken in prior years.
8. On the Asset Summary page, click "Show Details" to confirm depreciation was calculated as you expected.