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- How do I enter 40 year ADS depreciation for a foreign rental property placed in service before 2017?
How do I enter 40 year ADS depreciation for a foreign rental property placed in service before 2017?
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internet
Level 2
01-22-2022
03:25 PM
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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.
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George4Tacks
Level 15
01-23-2022
10:11 AM
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Use code 91 for straight line, 40 year life
Here's wishing you many Happy Returns
EHalvorson
Level 2
04-29-2023
12:07 AM
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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)
