How do I enter 40 year ADS depreciation for a foreign rental property placed in service before 2017?

internet · ‎01-22-2022

How do I enter 40 year ADS depreciation for a foreign rental property placed in service before 2017? I can't see this in the dropdown.

George4Tacks · ‎01-23-2022

Use code 91 for straight line, 40 year life

Answers are easy. Questions are hard!

EHalvorson · ‎04-29-2023

Technically, Select 85 under Method, enter 40 under Life, go to the Additional Info screen, scroll down to and check the box for Alternative depreciation system (ADS)

How do I enter 40 year ADS depreciation for a foreign rental property placed in service before 2017?

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