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CCH Axcess Tax

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An entry in this field is applicable for assets placed in service prior to January 1, 1994 only. For such assets, this entry will carry the entry in "Current ACE" multiplied by the business percentage computed to the AMT/ACE depreciation report, used to compute the ACE depreciation adjustment without any validation.

This field is not valid for Form 1120S returns or any assets placed in service after December 31, 1993.

See Also

Business Use Accumulated ACE

ACE Basis (if Different)

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