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Suppose the IRS has instituted a new MACRS-GDS property class of only 2 years. It will follow the usual depreciation conventions, determined in the same
Suppose the IRS has instituted a new MACRS-GDS property class of only 2 years. It will follow the usual depreciation conventions, determined in the same way as 3, 5, 7, and 10-year property. Determine the yearly MACRS-GDS percentages for each year.
EOY MACRS-GDS Percentage
1 ___________%
2 ___________%
3 ___________%
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