Question
You invest in a project that has a depreciable asset. The asset is depreciable under the 5 year MACRS category. The depreciation percentages for
You invest in a project that has a depreciable asset. The asset is depreciable under the 5 year MACRS category. The depreciation percentages for all six years are: 0.20, 0.32, 0.192, 0.115, 0.115, 0.058. On an asset worth $150,000, how much depreciation do you get to claim in year 3?
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