2012 Deprecation Question-

With the 50% bonus rule in affect for 2012, The Half Year Convention Method would not play a part in calculating the amount to be deprecation in 2012 correct?

Example: Taken from your book…
Couch $1000 x 40% (T/S) =$400.00 x 50% (bonus rule) = $200.00 (to be deducted all at once). Then the remaining $200.00 x 14.29% (using 200% declining bal) =$28.58, or would I still have to apply the Half Year Convention Method to the $28.58…($28.50 x 50%) = 14.29 (amount to be depreciated for 2012) for a total of $214.29?

I think I'm starting to understand the whole deprecation thing.

Thanks Tom, and the webinar was great...answered a lot of my questions. Thanks!

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