Depreciation - 5 Year Property

MACRS 5 year property includes cars, taxis, buses, light general purpose trucks (less than 13,000 lbs), typewriters, calculators, copiers, duplicating machines, computers and peripheral equipment, including appliances, carpets, furniture used in a residential rental real estate activity, breeding cattle and dairy cattle and property used in research and development.

Note If you need professional help with "Depreciation" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.