jainen

>>I also needed to use software that was not going to be bought out, combined, merged, improved into something I had to relearn.<<

I use ProSeries too, and I use Lacerte in my principal office. I appreciate their complete programs, with built-in help files and fantastic diagnostics.

However, I don't dream that just because Intuit is a big software company they won't spin off their tax divisions or sell the whole corporation whenever they get a suitable offer--and I know they get offers every month like any other successful operation.

>>While you can't go back and change depreciation methods that easily, you can for an omitted asset.<<

This sort of makes sense and it might sometimes succeed, but it doesn't actually follow instructions and isn't supported by the regulations. Since you have treated the equipment as a non-depreciable asset for three consecutive tax years, you have already established an accounting method for it. This cannot be changed without permission from the IRS but fortunately it falls within the automatic consent procedures of Form 3115.