Depreciation, Depletion & Amortization
Federal Tax Course – Lesson 11
|
DEPRECIATION |
|
| Introduction | 1101 |
| Basis for Determining Depreciation | 1102 |
| Depreciation Methods | 1103 |
| The Straight-Line Method | 1104 |
| The ‘Speedy’ Depreciation Methods | 1105 |
| How MACRS Depreciation is Computed | 1106 |
| MACRS Recovery Periods | 1107 |
| Depreciation for Property Put Into Service Before 1987 | 1108 |
| The Alternative Depreciation Method (ADS) | 1109 |
| Depreciation Conventions | 1110 |
| Special Rules for Passenger Automobiles | 1111 |
| Limitation for “Listed Property” not Predominantly Used in Business | 1112 |
| Election to Deduct Capital Investments as an Expense (“Section 179 Election”) | 1113 |
| Recapture of Section 179 Deduction | 1114 |
| Miscellaneous Real Estate Provisions | 1115 |
|
DEPLETION |
|
| Introduction | 1116 |
| Cost Depletion | 1117 |
| Percentage Depletion | 1118 |
| Timber Depletion | 1119 |
| Who is Entitled to the Depletion Deduction | 1120 |
|
AMORTIZATION |
|
| Introduction | 1121 |
| Cost of Acquiring a Lease | 1122 |
| Amortization of Reforestation Expenditures | 1123 |
| 15-Year Amortization Period for ‘Section 197 Intangibles’ | 1124 |