Instruments

[JG EA]

Instruments used by a Schedule C band - are they listed property? 7 years right?

[S T]

I am going with

Since I can't seem to find musical instruments listed in Pub 946, property with no class life assigned, MACRS 7 years. I would say listed

See TB page 9-8 as well as 10-10. Other Listed Property: Property generally used for entertainment, etc.

Sandy

[JG EA]

Thank again

Thanks ST, appreciate it.

[RLymanC]

Instruments

Might add that instuments are subject, like auto's, to reduced depreciation under Sec. 280F. Expensive instruments, just like cars, would be limited.