What Property Can Be Depreciated?
Property You OwnWhat Property Cannot Be Depreciated?
LandWhen Does Depreciation Begin and End?
Placed in ServiceWhat Method Can You Use To Depreciate Your Property?
Property You Placed in Service Before 1987What Is the Basis of Your Depreciable Property?
Cost as BasisHow Do You Treat Repairs and Improvements?
Do You Have To File Form 4562?
How Do You Correct Depreciation Deductions?
Filing an Amended ReturnWhat Property Does Not Qualify?
Land and ImprovementsHow Do You Elect the Deduction?
When Must You Recapture the Deduction?
Election to Accelerate Certain Credits in Lieu of the Special Depreciation Allowance
How Can You Elect Not To Claim an Allowance?
When Must You Recapture an Allowance?
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?
Recovery Periods Under GDSWhich Depreciation Method Applies?
Depreciation Methods for Farm PropertyHow Is the Depreciation Deduction Figured?
Using the MACRS Percentage TablesHow Do You Use General Asset Accounts?
Grouping PropertyWhen Do You Recapture MACRS Depreciation?
Can Employees Claim a Deduction?
What Is the Business-Use Requirement?
How To Allocate UseDo the Passenger Automobile Limits Apply?
Maximum Depreciation DeductionHow Is Listed Property Information Reported?
Appendix B — Table of Class Lives and Recovery Periods
How To Use the Tables