MACRS tables, half year convention.
Declining
balance rate.
You figure your
declining balance rate by dividing the specified declining balance percentage
(150% or 200% changed to a decimal) by the number of years in the property's
recovery period. For example, for 3-year property depreciated using the 200%
declining balance method, divide 2.00 (200%) by 3 to get 0.6667, or a 66.67%
declining balance rate. For 15-year property depreciated using the 150%
declining balance method, divide 1.50 (150%) by 15 to get 0.10, or a 10%
declining balance rate.
The following
table shows the declining balance rate.
Property Class Method Declining Balance Rate
5-year 200%
DB 40.0
