I have a homework assignment that requires me to fill out Form 4562. I need help with Line 14. You have to find Special depreciation allowance for qualified property (other than listed property). I am completely stumped on it. It says the person uses accelerated depreciation under MACRS and takes bonus depreciation. Here's the purchases that he made in 2019.
| Manufacturing equipment (7 year) | June 2 | $40,000 |
| Office furniture | September 15 | 6,000 |
| Office computer | November 18 | 2,000 |
Passenger automobile
(used 90 percent for business) |
May 31 |
54,000 |
| Warehouse | June 23 | |
| Building | | 165,000 |
| Land | | 135,000 |