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2013 Form 4562 Depreciation And Amortization Report
I have a printout from 2013 TurboTax business Form 4562 Depreciation And Amortization Report. In there there's the following asset
Asset Description= Semi Tractor, Date in Service= 8/9/13, Cost=134,300, Biz Use=100%, Depreciable Basis=134,300, Life=5.00, Method/Convention= 200DB/HY, Current Depreciation=17,907, Accumulated Depreciation= 17,907
Can someone help me understand how the 17,907 amount was calculated? All the info that i could find says that depreciation for first year 5yr 200DB/HY should be 20%
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March 28, 2021
11:38 PM