- NY Credits : 3.0
- TX Credits : 3.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 3.0
Form 1120 - Depreciation
Upon successful completion of Form 1120 - Depreciation, the user should be able to:
properly report depreciation expense under MACRS, ACRS, and the income forecast method, as well as apply the capitalization and amortization rules relating to organizational expenditures, start-up costs, and IRC Sec. 197 intangible assets.