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Please help fill out this depreciation schedule Tax depreciation 2019 deduction 2018 2017 2016 2015 Adjusted Property Acquisition Date Cost Method Class Section 179 MACRS
Please help fill out this depreciation schedule
Tax depreciation 2019 deduction 2018 2017 2016 2015 Adjusted Property Acquisition Date Cost Method Class Section 179 MACRS MACRS MACRS MACRS MACRS basis Printing machine #1 February-15 18,000 MACRS 200% DB 7 18,000 Office furniture April-15 6,000 MACRS 200% DB 7 6,000 Office computer August-15 4,000 MACRS 200% DB 5 4,000 Printing machine #2 July-19 25,000 MACRS 200% DB 7 25,000 Delivery car April-19 28,000 MACRS 200% DB 5 28,000 Additional notes: [1] No Section 179 election on assets purchased in 2015. [2] No bonus depreciation on old assets. [3] The delivery car is listed property. [4] Printing machine #1 was sold on November 11, 2019. MACRS Depreciation for Property Other Than Applicable convention: mid-year (applicable methods: 200% or 15 And the recove 3 Years 5 Years 7 Years If the recovery year is 1 2 33.33 44.45 14.81 20.00 32.00 19.20 11.52 11.52 5.76 7.41 4 5 The depreciat 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 7 8 9 10 11 Tax depreciation 2019 deduction 2018 2017 2016 2015 Adjusted Property Acquisition Date Cost Method Class Section 179 MACRS MACRS MACRS MACRS MACRS basis Printing machine #1 February-15 18,000 MACRS 200% DB 7 18,000 Office furniture April-15 6,000 MACRS 200% DB 7 6,000 Office computer August-15 4,000 MACRS 200% DB 5 4,000 Printing machine #2 July-19 25,000 MACRS 200% DB 7 25,000 Delivery car April-19 28,000 MACRS 200% DB 5 28,000 Additional notes: [1] No Section 179 election on assets purchased in 2015. [2] No bonus depreciation on old assets. [3] The delivery car is listed property. [4] Printing machine #1 was sold on November 11, 2019. MACRS Depreciation for Property Other Than Applicable convention: mid-year (applicable methods: 200% or 15 And the recove 3 Years 5 Years 7 Years If the recovery year is 1 2 33.33 44.45 14.81 20.00 32.00 19.20 11.52 11.52 5.76 7.41 4 5 The depreciat 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 7 8 9 10 11Step by Step Solution
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