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Suppose that a taxpayer places in service a $50,000 asset that is assigned to the six-year class (say, a new property class) with a half-year
Suppose that a taxpayer places in service a $50,000 asset that is assigned to the six-year class (say, a new property class) with a half-year convention. Develop the MACRS deductions (assuming a 200% declining-balance rate), followed by switching to straight-line with the half-year convention
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