Economic Designation window

Use the Economic Designation window to select the economic type of the current asset. The economic type enables the Method/Life Wizard to select the correct lives to use.
To open this window, select
Machinery, equipment or fixture (an asset whose life is affected by activity's economic type)
from the Method/Life Wizard.

Fields & buttons

Select the economic type for the selected activity. The economic type enables the Method/Life Wizard to select the correct lives to use when
Machinery, equipment, or fixture
is selected as the asset class.
Select to open a table that specifies asset lives for property subject to depreciation under the general depreciation system provided in section 168(a) or the alternative depreciation system provided in section 168(g).
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