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leasehold improvement 15 yr

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Level 1

I enter J4 leasehold improvement 15/39 and it calculates using 39 yr.

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Level 10

For 1040s, go to the Info W/S and check the box Yes right above the Filing Status.

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Level 12

@KL46 wrote:

I enter J4 leasehold improvement 15/39 and it calculates using 39 yr.


 

Yes.  If it was "placed in service" in 2018 or 2019, 39 years is correct.

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