What is the MACRS recovery period for a piano?
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I would go with seven
I would go with seven years since it's not mentioned in Pub 946 nor the Instructions to Form 4562 that I can find. I admit I was skimming. See p. 9 - If you can't it, use seven. That's my motto. Especially on April 11.
May be covered under 79.0 here, (seven years, too, but I may not be supposed to post this:
Last edited by RitaB; 04-11-2016, 04:07 PM.If you loan someone $20 and never see them again, it was probably worth it.
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