Janice Morgan 2012 Tax Return_T12_For_Records

6 alternative depreciation system ads a check here if

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Unformatted text preview: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. ALTERNATIVE DEPRECIATION SYSTEM (ADS) a. Check here if you're required to use ADS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Check here if you're using ADS, even though you're not required to . . . . . . . . . . . . . . . . . . . Note: We check box a. if this is listed property with 50% or less business use. 7. BONUS DEPRECIATION Note: Complete this Section 7 only if you placed this property in service in the current year. a. b. c. d. e. f. Check here if this is property eligible for 50% bonus depreciation under Section 168(k) of the Internal Revenue Code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Check here if this is property eligible for 100% bonus depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Check here if this is specified GO Zone extension property . . . . . . . . . . . . . . . . . . . . . . . . Check here if this is qualified disaster assistance property . . . . . . . . . . . . . . . . . . . . . . . . . Check here if this is qualified cellulosic biofuel plant property or qualified reuse and recycling property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Check here if you checked box a., b., c., d., or e. above and you are electing out of bonus depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Note: The election on line f., above, generally operates on a class-by-class basis. See the IRS instructions to Form 4562 and make sure that, with respect to other property in the same class as this asset, you elect out of bonus depreciation as required. You will need to attach a statement to your return relating to the election out. END OF PAGE 1 DEPRECN WKS DEPRECIATION WORKSHEET 2012 Not For Filing DEPRECN WKS ASSET: Computer DEPRECIATION WORKSHEET 2012 page 2 8. BASIS, SECTION 179 EXPENSE DEDUCTION, AND BONUS DEPRECIATION a. i. ii. ii...
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This document was uploaded on 02/09/2014.

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