Index

A

Addition to property, Additions and Improvements
Adjusted basis, Adjusted Basis
Alternative Depreciation System (ADS)
Recovery periods, Recovery Periods Under ADS
Required use, Required use of ADS.
Amended return, Filing an Amended Return
Apartment
Cooperative, Cooperative apartments.
Rental, Which Property Class Applies Under GDS?
Automobile (see Passenger automobile)

C

Car (see Passenger automobile)
Carryover of section 179 deduction, Carryover of disallowed deduction.
Casualty loss, effect of, Basis adjustment due to casualty loss.
Changing accounting method, Changing Your Accounting Method
Communication equipment (see Listed property)
Commuting, Commuting use.
Computer (see Listed property)
Computer software, Computer software., Off-the-shelf computer software.
Containers, Containers.
Conventions, Which Convention Applies?
Cooperative apartment, Cooperative apartments.
Copyright, Patents and copyrights.
(see also Section 197 intangibles)
Correcting depreciation deductions, How Do You Correct Depreciation Deductions?
Cost basis, Cost as Basis

D

Declining balance
Method, Declining Balance Method
Rates, Declining balance rate.
Deduction limit
Automobile, Do the Passenger Automobile Limits Apply?
Section 179, How Much Can You Deduct?
Depreciation
Deduction
Employee, Can Employees Claim a Deduction?
Listed property, Can Employees Claim a Deduction?
Determinable useful life, Property Having a Determinable Useful Life
Excepted property, Excepted Property
Incorrect amount deducted, How Do You Correct Depreciation Deductions?
Methods, Which Depreciation Method Applies?
Property lasting more than one year, Property Lasting More Than One Year
Property owned, Property You Own
Property used in business, Property Used in Your Business or Income-Producing Activity
Recapture, Revoking an election., Recapture of Excess Depreciation
Depreciation allowable, Basis adjustment for depreciation allowed or allowable.
Depreciation allowed, Basis adjustment for depreciation allowed or allowable.
Depreciation deduction
Listed property, What Is the Business-Use Requirement?
Determinable useful life, Property Having a Determinable Useful Life
Disposition
Before recovery period ends, Sale or Other Disposition Before the Recovery Period Ends
General asset account property, Disposing of GAA Property
Section 179 deduction, When Must You Recapture the Deduction?

E

Election
ADS, Electing ADS., Election of ADS.
Declining balance (150% DB) method, 150% election.
Exclusion from MACRS, Election To Exclude Property From MACRS
General asset account, Electing To Use a GAA
Not to claim special depreciation allowance, How Can You Elect Not To Claim an Allowance?
Section 179 deduction, How Do You Elect the Deduction?
Straight line method, Straight line election.
Electric vehicle, Electric Vehicles
Employee
Depreciation deduction, Can Employees Claim a Deduction?
How to claim depreciation, Employee.
Employee deduction, listed property, Can Employees Claim a Deduction?
Energy property, Energy property.
Exchange of MACRS property, Property Acquired in a Like-kind Exchange or Involuntary Conversion

G

General asset account
Abusive transaction, Abusive transactions.
Disposing of property, Disposing of GAA Property
Grouping property in, Grouping Property
Nonrecognition transaction, Nonrecognition transactions.
General Depreciation System (GDS), recovery periods, Recovery Periods Under GDS
Gift (see Basis, other than cost)

H

Help (see Tax help)

I

Idle property, Idle Property
Improvements, How Do You Treat Repairs and Improvements?, Additions and Improvements
Income forecast method, Income Forecast Method
Incorrect depreciation deductions, How Do You Correct Depreciation Deductions?
Indian reservation
Defined, Indian reservation.
Qualified infrastructure property, Qualified infrastructure property.
Qualified property, Qualified property.
Recovery periods for qualified property, Indian Reservation Property
Related person, Related person.
Inheritance (see Basis, other than cost)
Intangible property
Depreciation method, Intangible Property, Income Forecast Method
Income forecast method, Income Forecast Method
Straight line method, Intangible Property
Inventory, Inventory.
Investment use of property, partial, Partial business or investment use.
Involuntary conversion of MACRS property, Property Acquired in a Like-kind Exchange or Involuntary Conversion

L

Land
Not depreciable, Land
Preparation costs, Land
Leased property, Leased property.
Leasehold improvement property, defined, Qualified leasehold improvement property., Qualified leasehold improvement property.
Life tenant, Life tenant.
(see also Term interests)
Limit on deduction
Automobile, Do the Passenger Automobile Limits Apply?
Section 179, How Much Can You Deduct?
Listed property
5% owner, 5% owner.
Computer, Computers and Related Peripheral Equipment
Condition of employment, Condition of employment.
Defined, What Is Listed Property?
Employee deduction, Can Employees Claim a Deduction?
Employer convenience, Employer's convenience.
Improvements to, Improvements to listed property.
Leased, Lessee's Inclusion Amount
Passenger automobile, Passenger Automobiles
Qualified business use, Qualified Business Use
Recordkeeping, Adequate Records
Related person, Related persons.
Reporting on Form 4562, How Is Listed Property Information Reported?
Lodging, Property used for lodging.

M

Maximum deduction
Electric vehicles, Electric Vehicles
Passenger automobiles, Maximum Depreciation Deduction
Trucks, Trucks and Vans
Vans, Trucks and Vans
Mobile home (see Residential rental property)
Modified ACRS (MACRS)
Addition or improvement, Additions and Improvements
Alternative Depreciation System (ADS), Which Depreciation System (GDS or ADS) Applies?
Conventions, Which Convention Applies?
Declining balance method, Declining Balance Method
Depreciation methods, Which Depreciation Method Applies?
Farm property, Depreciation Methods for Farm Property
Figuring, short tax year, Property Placed in Service in a Short Tax Year
General Depreciation System (GDS), Which Depreciation System (GDS or ADS) Applies?
Percentage tables, Using the MACRS Percentage Tables
Property classes, Which Property Class Applies Under GDS?
Recovery periods, Which Recovery Period Applies?
Short tax year, Figuring the Deduction for a Short Tax Year
Straight line method, Straight Line Method

N

Nonresidential real property, Which Property Class Applies Under GDS?
Nontaxable transfer of MACRS property, Property Acquired in a Nontaxable Transfer

O

Office in the home, Office in the home., Office in the home.
Ownership, incidents of, Incidents of ownership.

P

Partial business use, Partial business use.
Passenger automobile
Defined, Passenger Automobiles
Electric vehicles, Electric Vehicles
Limit on, Do the Passenger Automobile Limits Apply?
Maximum depreciation deduction, Maximum Depreciation Deduction
Trucks, Trucks and Vans
Vans, Trucks and Vans
Patent, Patents and copyrights.
(see also Section 197 intangibles)
Personal property, Personal property.
Phonographic equipment (see Listed property)
Photographic equipment (see Listed property)
Placed in service
Before 1987, Property You Placed in Service Before 1987
Date, What Is the Placed in Service Date?
Rule, Placed in Service
Property
Classes, Which Property Class Applies Under GDS?
Depreciable, What Property Can Be Depreciated?
Idle, Idle Property
Improvements, How Do You Treat Repairs and Improvements?
Leased, Leased property., Leased property.
Listed, What Is Listed Property?
Personal, Personal property.
Real, Real property.
Retired from service, Retired From Service
Tangible personal, Tangible personal property.
Term interest, Certain term interests in property.

Q

Qualified leasehold improvement property, defined, Qualified leasehold improvement property., Qualified leasehold improvement property.
Qualified property, special depreciation allowance, What Is Qualified Property?

R

Real property, Real property.
Recapture
Clean-fuel vehicle deduction or credit, Basis adjustment due to recapture of clean-fuel vehicle deduction or credit.
General asset account, abusive transaction, Abusive transactions.
Listed property, Recapture of Excess Depreciation
MACRS depreciation, Revoking an election.
Section 179 deduction, When Must You Recapture the Deduction?
Special depreciation allowance, When Must You Recapture an Allowance?
Recordkeeping
Listed property, Adequate Records
Section 179, How Do You Elect the Deduction?
Recovery periods
ADS, Recovery Periods Under ADS
GDS, Recovery Periods Under GDS
Related persons, Related persons., Related persons., Related persons., Related persons., Related person., Related persons.
Rent-to-own property, defined, Qualified rent-to-own property.
Rental home (see Residential rental property)
Rented property, improvements, Improvements to rented property.
Repairs, How Do You Treat Repairs and Improvements?
Residential rental property, Which Property Class Applies Under GDS?
Retail motor fuels outlet, Retail motor fuels outlet.
Revoking
ADS election, Electing ADS.
General asset account election, Revoking an election.
Section 179 election, Revoking an election.

S

Sale of property, Sale or Other Disposition Before the Recovery Period Ends
Section 179 deduction
Business use required, Partial business use.
Carryover, Carryover of disallowed deduction.
Dispositions, When Must You Recapture the Deduction?
Electing, How Do You Elect the Deduction?
Limits
Business (taxable) income, Business Income Limit
Business-use, recapture, When Must You Recapture the Deduction?
Dollar, Dollar Limits
Enterprise zone business, Enterprise Zone Businesses
Partial business use, Partial business use.
Married filing separate returns, Married Individuals
Partnership rules, Partnerships and Partners
Property
Eligible, Eligible Property
Excepted, Excepted Property
Purchase required, Property Acquired by Purchase
Recapture, When Must You Recapture the Deduction?
Recordkeeping, How Do You Elect the Deduction?
S corporation rules, S Corporations
Settlement fees, Settlement costs.
Short tax year
Figuring depreciation, Property Placed in Service in a Short Tax Year
Figuring placed-in-service date, Using the Applicable Convention in a Short Tax Year
Software, computer, Computer software., Off-the-shelf computer software.
Sound recording, Films, video tapes, and recordings.
Special depreciation allowance
Election not to claim, How Can You Elect Not To Claim an Allowance?
Qualified property, What Is Qualified Property?
Recapture, When Must You Recapture an Allowance?
Stock, constructive ownership of, Constructive ownership of stock or partnership interest.
Straight line method, Intangible Property, Straight Line Method
Created intangibles, Certain created intangibles.

T

Tangible personal property, Tangible personal property.
Term interest, Certain term interests in property.
Trade-in of property, Trade-in of other property.
Trucks, Trucks and Vans

V

Vans, Trucks and Vans
Video tape, Films, video tapes, and recordings.
Video-recording equipment (see Listed property)

W

When to use ADS, Which Depreciation System (GDS or ADS) Applies?
Worksheet
Leased listed property, Inclusion amount worksheet.
MACRS, MACRS Worksheet

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