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how to calculate the Depreciation deduction for tax purpose Land purchased on 5/1/2014 for $200,000. The land was placed in service on 6/1/2014. Building purchased

how to calculate the Depreciation deduction for tax purpose

Land purchased on 5/1/2014 for $200,000. The land was placed in service on 6/1/2014. Building purchased on 5/1/2014 for $655,000. The building was placed in service on 6/1/2014. Screen printing machinery (7yr) purchased and placed in service on 6/1/2014 for $280,000. Office furniture and fixtures (7yr) purchased and placed in service on 1/1/2015 for $55,000

Additional screen printing machinery (7yr) purchased and placed in service on 2/1/2019 for $235,000 Computer equipment (5yr) purchased and placed in service on 3/1/2019 for $35,000 Warehouse (39yr) purchased and placed in service on 9/1/2019 for $560,000

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