Question
Depreciation
This is my first year using Turbo Tax. I was previously a tax preparer and used ATX software. I have a farm that is cash rented and had a barn on depreciation set up on 150DB for 20 years. The Turbo Tax program only gives me options for residential residence, tools, equipment and furniture and real estate improvements. The only option that comes close to fitting the barn is the real estate improvement category and that makes the depreciation term to be 15 years. How do I get the program to use a 20 yr life?
