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IRS Publication 946, How To Depreciate Property
IRS Publication 946 explains depreciation: what property can be depreciated, the section 179 deduction, and how MACRS sets the recovery period, the method and the convention for business property. Only the Business Finances section rests on it. Every limit in it belongs to the tax year on its cover.
This is not law
Federal guidance on depreciation: what property can be depreciated, the section 179 deduction, and how MACRS sets the recovery period, the method and the convention, with the tables that apply them. It is not law: it explains the Internal Revenue Code and the regulations under it, and those carry the rule. Every limit and figure in it belongs to the tax year on its cover.
- Cited as
- IRS Publication 946, How To Depreciate Property
- Pages
- 113
- Official copy
- PDF from the publisher
Why the wording is not on this page
This is a public document, and nothing here holds its wording back. The corpus reads it page by page from the official copy, and a citation names a page of it, so this page says what the document is, which edition it is, and links that copy.
How a question cites it
A citation to this document carries the publication number, the tax year it is for and the page number, an exact quote, and the anchor of the page it is on, which counts the pages of the file and not the numbers printed on them. You can check every claim against the copy linked above.
What on this site rests on it
Free practice questions citing this source: