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Depreciation classifications

doublewide

doublewide

Senior Member
Joined
May 31, 2015
Messages
844
Location
MA
I have always expensed my equipment 100% in the year of purchase but this year I plan on depreciating. I cannot find heavy equipment listed in any of the classifications listed in the instructions to form 4562 or in publication 946. I'm going to send an email to my accountant and see what they say.

Also wondering what you people do?
 
doublewide

doublewide

Senior Member
Joined
May 31, 2015
Messages
844
Location
MA
Page 97, table B-2, Publication 946 lists construction equipment as 5 year asset.
 
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