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A business building (MACRS-GDS 39-year property) is placed in service by a calendar-year t

A business building (MACRS-GDS 39-year property) is placed in service by a calendar-year t

A business building (MACRS-GDS 39-year property) is placed in service by a calendar-year taxpayer on January 4 for $300,000. Calculate the depreciation deduction for years 1 and 10, assuming the building is kept longer than 10 years, using MACRS-GDS allowance. Fill out the table below AND show your calculations to find dt and Btat least for year 1.

Tripti 05-Dec-2019

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