Assets for MACRS mid-quarter test

Only assets that are depreciating using a MACRS method will be included in the mid-quarter test. Assets depreciating using straight-line depreciation or older methods of depreciation such as ACRS or 200% DB aren't included. All current-year MACRS assets will be included except:
  • Assets that are in the Miscellaneous activity.
  • MACRS assets that are 27.5-year real property, 31.5-year real property, and 39-year real property.
  • Assets that have been forced to be real property (at
    Tasks
    then
    Designate as Real Property
    ).
  • MACRS assets that are marked in the Mid-Quarter & Section 179 Force Options window to be excluded from the calculation. (To open this window, select
    Mid-Quarter & Section 179 Force Options
    in an asset's Other tab.)
  • Assets that are acquired and also disposed of in the current year.
  • Assets that are autos expensed using standard mileage.
  • Assets completely expensed under Section 179. If an asset has been partially expensed, then the amount subject to depreciation will be included in the calculation.

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