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.

Question

Quizplus · Accepted Answer

The Answer of 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.

Which of the Following Is Not a Characteristic of MACRS