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New Member
posted Jun 4, 2019 3:41:29 PM

What is the difference between macrs, acrs and non-recovery

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Level 2
Jun 4, 2019 3:41:31 PM

MACRS applies to most depreciable property placed in service in 1987 or later

ACRS is for property placed in service in 1981-1987.

Nonrecovery property examples are movies, pre 1987 property