TaxGuyBill
Level 15
03-04-2022
04:37 PM
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First question: Why is there salvage value?
Almost all depreciation is required to use MACRS, which has no salvage value. There are a few things that get pushed out of MACRS, but not much.
If it is NOT part of MACRS (and therefore may have a salvage value), what is the reason it is not part of MACRS?