Related topics

ACRS Table Calculations

ACRS Table Example

ACRS Table Short-Year Calculation

ACRS Table (Method AT)

ACRS Table Conventions

ACRS uses different conventions determined by the type of asset being depreciated and the date that the asset was placed in service. The following table summarizes these applicable conventions.

Personal Property Asset Type

Date Placed in Service

Applicable Convention

3-, 5-, 10-, and 15-year

1/1/81 - 12/31/86

Half-year

 

Real Property Asset Type

Date Placed in Service

Applicable Convention

15-year

1/1/81 - 3/15/84

Full-month *

18-year

3/16/84 - 6/22/84

Full month *

 

6/23/84 - 5/8/85

Half-month **

19-year

5/9/85 - 12/31/86

Half-month **

* Allows for a full month's recovery in the month of acquisition but no recovery in the month of disposal.

** Allows for a half month's recovery in the month of acquisition and a half month's recovery in the month of disposal.