Multiple Choice
Which of the following is not a characteristic of MACRS for property other than real estate?
A) MACRS uses shorter asset lives.
B) MACRS increases taxable income in the early years of the asset's life.
C) MACRS accelerates cost recovery.
D) MACRS decreases taxable income in the early years of the asset's life.
Correct Answer:
Verified
Correct Answer:
Verified
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