Straightline depreciation

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  • Jiggers
    Senior Member
    • Sep 2005
    • 1973

    #1

    Straightline depreciation

    Where do I find the charts for straightline depreciation in TheTaxBook?

    5 year property and 7 year property.

    I have looked all through Chapter 9 and Chapter 10.

    Or am I blind?
    Jiggers, EA
  • solomon
    Senior Member
    • Aug 2006
    • 1012

    #2
    Divide

    the number 1 by the number of years remaining in the recovery period to get the per cent. However, I think you will have to take in account the convention you are using the first year. This is for GDS using SL not ADS using SL. More simple to look them up in Pub 946.
    Last edited by solomon; 09-06-2007, 03:56 PM. Reason: Addition

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    • Jiggers
      Senior Member
      • Sep 2005
      • 1973

      #3
      Looking for chart

      Originally posted by solomon
      the number 1 by the number of years remaining in the recovery period to get the per cent. However, I think you will have to take in account the convention you are using the first year. This is for GDS using SL not ADS using SL. More simple to look them up in Pub 946.
      IRS Pub has a chart that covers GDS and ADS SL.

      I had my hands on TTB and couldn't find that chart.
      Jiggers, EA

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      • solomon
        Senior Member
        • Aug 2006
        • 1012

        #4
        I don't

        find it in the TTB either.

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