CCH Axcess Tax

General Depreciation System (GDS)

Entries in this section carry to state Form 4562, Page 1, Part III. The maximum characters which print on state Form 4562 for "Period," "Convention," and "Method" are 7, 4, and 5 respectively.

Overflow statements will now be prepared if multiple entries are present for the same entity for Residential rental property or Nonresidential real property.

See Also

Section 179 Election

Alternative Depreciation System (ADS)


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