Free Tax Course-Modified Accelerated Cost Recovery System MACRS Part 3

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Modified Accelerated Cost Recovery System (MACRS)

Depreciation table

The most commonly used percentage tables can be found in the IRS Publication 946, How to Depreciate Property, Appendix A.

In addition to the depreciation method, you need to know the following information about your property to use the MACRS percentage tables.

Basis
Property class and recovery period
Date placed in service
Convention to use

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