4月17日, 美国国税局发布了2020-25年收入程序, which provides guidance that allows a 税payer to change depreciation for qualified improvement property (QIP) under §168 of the Internal 牧师enue Code. The 关心行为 retroactively changed the recovery period for QIP to 15 years, 从而使其符合奖金折旧的条件. The new guidance permits 税payers to file an amended return, 行政调整请求(AAR), 或表格3115, 会计方法变更申请, to change their method of depreciation in the 2018, 2019 or 2020 税able year for QIP placed in service after December 31, 2017.
重要的是要注意牧师. Proc. 2020-25 does not apply to QIP placed in service by a 税payer that made a late (or withdrew a) real property trade or business election under Section 163(j), but does address changes to depreciation affected by a late or withdrawn election related to the business interest deduction limitation.
牧师. Proc. 2020-25 also provides guidance related to several depreciation elections, allowing 税payers to make a late election or revoke a prior election that was made during a 税 year ending in 2018, 2019 or 2020. 包括以下内容:
- Elections to depreciate any class of property under the alternative depreciation system (ADS);
- Elections out of bonus depreciation for a class of property placed in service during the 税able year;
- 选举要求奖金贬值50%, in lieu of 100% for the 税 year that included September 28, 2017; and
- Elections for farming businesses to apply special bonus depreciation rules to one or more plants.
在很大程度上, 税payers can make late elections or revoke previously made elections described above by either filing an amended return or a Form 3115. If the 税payer is revoking its use of the ADS method for a class a property, however, 牧师. Proc. 2020-25 requires the filing of an amended 税 return or an AAR.
If you’re interested in learning more about what’s described above, or any other strategies to maximize the 税 benefits of real estate ownership, contact a member of the bet9游戏平台 房地产 Team or email contactsd@volamdolong.com.