•Section 179 Deduction •Special Depreciation Allowance •MACRS •Listed Property
For use in preparing 2008 Returns
Table of Contents
- Publication 946 - Introductory Material
- 1.
Overview of Depreciation
- Introduction
- Useful Items - You may want to see:
- What Property Can Be Depreciated?
- What Property Cannot Be Depreciated?
- When Does Depreciation Begin and End?
- What Method Can You Use To Depreciate Your Property?
- What Is the Basis of Your Depreciable Property?
- How Do You Treat Repairs and Improvements?
- Do You Have To File Form 4562?
- How Do You Correct Depreciation Deductions?
- 2. Electing the Section 179 Deduction
- 3.
Claiming the Special Depreciation Allowance
- Introduction
- What Is Qualified Property?
- Qualified Liberty Zone Property
- Qualified Gulf Opportunity Zone Property
- Qualified Cellulosic Biomass Ethanol Plant Property
- Qualified Recovery Assistance Property
- Qualified Reuse and Recycling Property
- Qualified Cellulosic Biofuel Plant Property
- Qualified Disaster Assistance Property
- Certain Qualified Property Acquired After December 31, 2007
- Election to Accelerate Certain Credits in Lieu of the Special Depreciation Allowance
- How Much Can You Deduct?
- How Can You Elect Not To Claim an Allowance?
- When Must You Recapture an Allowance?
- 4.
Figuring Depreciation Under MACRS
- Introduction
- Useful Items - You may want to see:
- Which Depreciation System (GDS or ADS) Applies?
- Which Property Class Applies Under GDS?
- What Is the Placed in Service Date?
- What Is the Basis for Depreciation?
- Which Recovery Period Applies?
- Which Convention Applies?
- Which Depreciation Method Applies?
- How Is the Depreciation Deduction Figured?
- How Do You Use General Asset Accounts?
- When Do You Recapture MACRS Depreciation?
- 5. Additional Rules for Listed Property
- 6. How To Get Tax Help
- Publication 946 - Additional Material
- Index
More Online Publications |