How the application determines the appropriate method and life (CA treatment)

Alerts and notices

Click the type of property below for details on how Fixed Assets CS builds the CA treatment for that type of property in 1120 C clients.

Personal property - New

Personal property - Used

Real estate acquired 12/31/70 or earlier - New

Real estate acquired 12/31/70 or earlier - Used

Real estate acquired 1/1/71 or later - Residential Rental - New

Real estate acquired 1/1/71 or later - Residential Rental - useful life 20yrs or more - Used

Real estate acquired 1/1/71 or later - Residential Rental - useful life of less than 20yrs - Used

Real estate acquired 1/1/71 or later - Commercial and Industrial - New

Real estate acquired 1/1/71 or later - Commercial and Industrial - Used

Related Topic:

California depreciation for 1120 C Corporations

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