AMT depreciation of personal property is calculated using which method?
A)Straight-line method.
B)150% declining balance method.
C)200% declining balance method.
D)Sum-of-the-years digits method.

Question

Quizplus · Accepted Answer

The AMT (Alternative Minimum Tax) depreciation of personal property is calculated using the 150% declining balance method. This method is used to ensure that the depreciation deductions are not too accelerated for AMT purposes.

AMT Depreciation of Personal Property Is Calculated Using Which Method