Small Business Taxes & Management


Election out of 50% Bonus Depreciation

Madison Inc.
Taxpayer I.D. 99-9999999
Year Ended December 31, 2012

Election to Not Claim Special 50% Depreciation Allowance

Under IRC Sec. 168(k)(2)(C)(iii), taxpayer hereby elects to not claim the special depreciation allowance for the following asset classes placed in service during the tax year ending 12/31/2012.

7-year property (to elect out of just one class, 7-year in this case)

All eligible classes of property (to elect out for all property)


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--Last update 03/09/13