In a message dated 5/29/2004 6:38:02 PM Eastern Daylight Time, 
bpcs-l-request@xxxxxxxxxxxx writes:
The answer to #1
makes sense, except I still am not sure about tax periods.  If an asset is
setup say in January but only depreciates 1/2 year the first year, then do
you count 6 periods or 12 periods of depreciation the first year?
The depreciation tables provided by SSA are very simple and always assume a 
12 period year.  If you look at one of those tables for assets that depreciate 
only half year the first year, you will find that it is still depreciating for 
12 periods, but at half the normal rate.  Therefore, you should count 12 
periods of depreciation for the year.

David Placeres
Phoenix Business Consulting, Inc.

As an Amazon Associate we earn from qualifying purchases.

This thread ...


Follow On AppleNews
Return to Archive home page | Return to MIDRANGE.COM home page

This mailing list archive is Copyright 1997-2022 by midrange.com and David Gibbs as a compilation work. Use of the archive is restricted to research of a business or technical nature. Any other uses are prohibited. Full details are available on our policy page. If you have questions about this, please contact [javascript protected email address].

Operating expenses for this site are earned using the Amazon Associate program and Google Adsense.