The cost recovery period for new farm equipment placed in service during 2011 is seven years.
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Q3: Under MACRS, if the mid-quarter convention is
Q4: Under the MACRS mid-quarter convention,an asset sold
Q4: In a farming business, MACRS straight-line cost
Q5: All eligible real estate under MACRS is
Q7: Land improvements are generally eligible for cost
Q7: The basis of cost recovery property must
Q9: The concept of depreciation assumes that the
Q11: If more than 40% of the value
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