Depreciation: Qualified restaurant property and bonus depreciation

Qualified restaurant property is only eligible for bonus depreciation if it is also considered a qualified leasehold improvement property. To indicate that a qualified restaurant property is a qualified leasehold improvement either:
  • Use the Method Life Wizard and select
    Leasehold improvement (qualified)
    .
  • Select on the
    Other
    tab in the asset detail and select
    Leasehold improvement (168(k))
    in the
    Go Zone/168 (k)(force)
    field.

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