Explain MACRS by creating a list of its characteristics. Include the type of depreciation method it is, when it is required, how property is classified, etc.

Name: Explain MACRS by creating a list of its characteristics. Include the type of depreciation method it is, when it is required, how property is classified, etc.
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The Answer of Explain MACRS by creating a list of its characteristics. Include the type of depreciation method it is, when it is required, how property is classified, etc.

Explain MACRS by Creating a List of Its Characteristics