I am building a cashflow analysis whereby I have an equipment to lease over a period of 10 years. What should be the appropriate MACRS table to use ? 5 Years or 10 years.
Hi Michael, great question. In general, you need to use the recovery period that the IRS has set for the type of equipment you are leasing. You can either check out our MACRS Depreciation Table article to figure this out or contact a tax professional for assistance.
Here is the link to the article: http://fitsmallbusiness.com/macrs-depreciation-calculator/.
All the Best-
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