Taxpayers must use the straight-line method of depreciation for all productive assets.

Name: Taxpayers must use the straight-line method of depreciation for all productive assets.
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Question

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Taxpayers can choose different methods of depreciation for productive assets, such as the accelerated or modified accelerated cost recovery system (MACRS) method. However, some assets may be required to be depreciated using the straight-line method, such as certain real estate properties.

Taxpayers Must Use the Straight-Line Method of Depreciation for All