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Daycare and Taxes>Please Help Me Clarify For 2012
WImom 12:05 PM 02-16-2012
I'm always confused when this comes up. (right now i'm entering cots I just bought into MM and have no idea what to choose.)

Is there a general guideline on what to pick for Method and Convention when using Minute Menu?

Method: 7y Straight Line, 7y 200% Decline, Other
Convention: half year, mid quarter, other

Thanks!!
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TomCopeland 12:48 PM 02-16-2012
For a home improvement or the home - enter "Other" and "Other"
For all other depreciation items - 200% Declining Balance, and half year
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WImom 01:21 PM 02-16-2012
Thank you!
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Tags:depreciation, mmk
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