![]() If the latter two conditions apply, use the recovery period shown in the appropriate column of Table B-2. If the property is described in Table B-1, use the recovery period shown in the appropriate column of Table B-1, unless: (1) the applicable activity is described in Table B-2 and the property is specifically included in the assets listed for that activity in Table B-2. Second, look in Table B-2 for a description of the activity in which the property is being used. First, look in Table B-1 for a description of the property. Both Table B-1 and Table B-2 must be consulted to determine the correct recovery period. The second part, Table B-2, begins with the heading, DEPRECIABLE ASSETS USED IN THE FOLLOWING ACTIVITIES. The first part, Table B-1, begins with the heading, SPECIFIC DEPRECIABLE ASSETS USED IN ALL BUSINESS ACTIVITIES, EXCEPT AS NOTED. The following is excerpted from IRS Publication 946, How to Depreciate Property, Appendix B.
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