• Depreciation conventions

    From Fred J. Tydeman@21:1/5 to All on Tue Dec 5 21:12:44 2023
    The tax program I am using lists four depreciation calculation conventions:
    HY = Half Year
    MQ = Mid-Quarter
    MM = Mid-Month
    FM = Full Month
    In looking at IRS publication 946 How to Depreciate Property,
    I do not see FM as a method listed.
    So, is the tax program wrong, or is the pub 946 wrong?
    ---
    Fred J. Tydeman Tydeman Consulting
    tydeman@tybor.com Testing, numerics, programming
    +1 (702) 608-6093 Vice-chair of INCITS/C (ANSI "C")
    Sample C17+FPCE tests: http://www.tybor.com
    Savers sleep well, investors eat well, spenders work forever.

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