A nonresidential business building is placed in service by a calendar$-$year taxpayer on March $3$ for $$300,000.$

Click here to access the MACRS$-$GDS Property Classes

Parta

$$ Your answer is correct.

What is the MACRS$-$GDS property class?

Attempts: $3$ of $3$ used

Part b

Calculate the depreciation deduction for years $1,4,$ and $8$ if it is kept longer than $8$ years.

Depreciation Deduction, Year $1$: $

Depreciation Deduction, Year $4$: $

Depreciation Deduction, Year $8$:$