Ok,
Thank you both very much for your above responses.
I may have additional information that is relevant. On form 4562 Part V line 25, there is an amount for Special depreciation allowance under letter (h), for about $8800. However, on line 26, there is an amount of about 13,100 or so and method convention that shows 5.00 year SL-HY, which is straight line half year depreciation. It looks to me like we used 5 year straight line depreciation, but I'm not understanding what the $8800 on line 25 means. Can you help me understand this? I just want to make sure we didn't take some kind of accelerated depreciation, which I don't think we did, but just not absolutely sure. Thanks.
