CCH Axcess Tax

Life/Rate

Enter the life in years, or the effective rate as a four digit decimal, for depreciable assets. Life years is the preferable entry. The decimal rate is used as entered for pre-ACRS ("Old Law") assets only.

Enter an effective rate for pre-ACRS assets only.

If no entry is made, the default is the corresponding federal "Life/Rate" entry.

Note: For amortizable assets, enter the life in months. Do not enter a decimal rate.

See Also

Method

Code to Force (Accountant Computed Depreciation)


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