Question: California does not allow the MACRS depreciation method for: LLCs taxed as partnerships Schedule C sole proprietors Corporations Neither A nor C can use MACRS
California does not allow the MACRS depreciation method for:
LLCs taxed as partnerships
Schedule C sole proprietors
Corporations
Neither A nor C can use MACRS on a CA tax return
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
