Depreciation Methods Table_v1 by ajizai

VIEWS: 60 PAGES: 8

									           Contact:
           Craig Underhill, CPA
           (707) 963-4466
           craig@bdcocpa.com

                                           WINERY DEPRECIATION TABLE
                                                                      METHOD                       LIFE
                                                           Book    Federal  AMT           ADS Book Fed ADS

       BUILDINGS
         Cave - wine storage only                          SL      200db       150db      SL   10     7    12
         Cave - available for hospitality                  SL     SL - Real   SL - Real   SL   40    39    40
         Residential                                       SL     SL - Real   SL - Real   SL   40   27.5   40
         Winery                                            SL     SL - Real   SL - Real   SL   40    39    40
       ADMINISTRATIVE
         Automobiles                                       SL     200db Lux 150db Lux     SL    5    5      5
         Light Trucks & Vans (Note 1)                      SL     200db LT 150db LT       SL    5    5      5
         Computer Hardware                                 SL       200db     150db       SL    5    5      5
         Computer Software                                 SL        SL        NA         SL    5    3      3
         Equipment (e.g. copiers, office machines)         SL       200db     150db       SL    5    5      6
         Furniture (e.g. desks, chairs, filing cabinets)   SL       200db     150db       SL   10    7     10
       CELLAR
         Aging Bins                                        SL      200db       150db      SL   10    7     12
         Catwalks                                          SL      200db       150db      SL   15    7     12
         Filters                                           SL      200db       150db      SL   10    7     12
         Fining Agent Mixer                                SL      200db       150db      SL   10    7     12
         Forklift                                          SL      200db       150db      SL   10    7     12
         Gates                                             SL      200db       150db      SL   10    7     12
         Heat Exchanger                                    SL      200db       150db      SL   10    7     12
         Hoses                                             SL      200db       150db      SL    5    7     12
         Lab Equipment                                     SL      200db       150db      SL    7    7     12
         Lees Filter                                       SL      200db       150db      SL   10    7     12
         Microscope                                        SL      200db       150db      SL   10    7     12
         Ovals                                             SL      200db       150db      SL   15    7     12
         pH Meter                                          SL      200db       150db      SL   10    7     12
         Pumps                                             SL      200db       150db      SL   10    7     12
         Refrigeration System                              SL      200db       150db      SL   15    7     12
         Solenoids                                         SL      200db       150db      SL   10    7     12
         Spectrophoto Meter                                SL      200db       150db      SL   10    7     12
         SS Tanks                                          SL      200db       150db      SL   20    7     12
         Thermostats                                       SL      200db       150db      SL   10    7     12
         Uprights                                          SL      200db       150db      SL   20    7     12
         Valves                                            SL      200db       150db      SL   10    7     12
       CRUSH/FERMENTATION
           Bin Dumper                                      SL      200db       150db      SL   10    7     12
           Centrifuge                                      SL      200db       150db      SL   10    7     12

Assumes all assets purchased after 1986.                                                                   Page 1
           Contact:
           Craig Underhill, CPA
           (707) 963-4466
           craig@bdcocpa.com

                                           WINERY DEPRECIATION TABLE
                                                                 METHOD                LIFE
                                                       Book   Federal  AMT    ADS Book Fed ADS
           Crush Hopper                                 SL    200db   150db    SL  10    7  12
           Crusher/Stemer                               SL    200db   150db    SL  10    7  12
           Fermentation Tank                            SL    200db   150db    SL  20    7  12
           Hoist System                                 SL    200db   150db    SL  10    7  12
           Must Chiller                                 SL    200db   150db    SL  10    7  12
           Must Holding Tanks                           SL    200db   150db    SL  20    7  12
           Must Line                                    SL    200db   150db    SL  10    7  12
           Must/Pomace Pump                             SL    200db   150db    SL  10    7  12
           Pomace/Stem Conveyor System                  SL    200db   150db    SL  10    7  12
           Press                                        SL    200db   150db    SL  10    7  12
           Scale                                        SL    200db   150db    SL  10    7  12




Assumes all assets purchased after 1986.                                                  Page 2
           Contact:
           Craig Underhill, CPA
           (707) 963-4466
           craig@bdcocpa.com

                                           WINERY DEPRECIATION TABLE
                                                                     METHOD                     LIFE
                                                          Book    Federal  AMT         ADS Book Fed ADS
       BARRELS
         Barrels                                           SL      200db      150db     SL     5     3       4
         Bungs                                             SL      200db      150db     SL     5     3       4
         Pallet                                            SL      200db      150db     SL     5     3       4
         Puncheons                                         SL      200db      150db     SL     5     3       4
         Racking Tools                                     SL      200db      150db     SL    10     7      12
         Racks                                             SL      200db      150db     SL    10     7      12
         Washer                                            SL      200db      150db     SL    10     7      12
       BOTTLING
           Bottle Washer                                   SL      200db      150db     SL    10     7      12
           Bottling Line                                   SL      200db      150db     SL    10     7      12
           Bottling Tanks                                  SL      200db      150db     SL    20     7      12
           Corker                                          SL      200db      150db     SL    10     7      12
           Filler                                          SL      200db      150db     SL    10     7      12
           Foiler                                          SL      200db      150db     SL    10     7      12
           Labeler                                         SL      200db      150db     SL    10     7      12
           Sparger                                         SL      200db      150db     SL    10     7      12
           Spinner                                         SL      200db      150db     SL    10     7      12
           Sterile Filter                                  SL      200db      150db     SL    10     7      12
       LAND IMPROVEMENTS
           Fences                                          SL      150db      150db     SL    20    15      20
           Landscaping/Shrubbery                           SL      150db      150db     SL    10    15      20
           Roads                                           SL      150db      150db     SL    20    15      20
           Sewers                                          SL      150db      150db     SL    20    15      20
           Sidewalks                                       SL      150db      150db     SL    20    15      20

           Note 1: Applies to light trucks and vans that have a loaded gross vehicle weight of 6,000
                  pounds or less. Also, does not apply to vehicles that, because of their design, are not
                  likely to be used for personal purposes.

           For assets acquired in 1999 and later, AMT life will equal federal life.
           For assets acquired in 1994 and later, ACE life and method will equal federal life and method.

           State methods and lives are the same as Federal, except for C Corporations,
            which are the same as book (Accelerated Depreciation is optional).




Assumes all assets purchased after 1986.                                                                    Page 3
                                           BROTEMARKLE, DAVIS & CO. LLP
                                           VINEYARD DEPRECIATION TABLE

                                                                   METHOD                          LIFE
                                                        Book   Federal   AMT           ADS Book    Fed    ADS

    LAND
       Land                                             n/a       n/a         n/a      n/a   n/a   n/a     n/a
       Land Clearing                                    n/a       n/a         n/a      n/a   n/a   n/a     n/a
       Soil & Water Conservation                        n/a       n/a         n/a      n/a   n/a   n/a     n/a
        (e.g. earthen - reservoirs, ditches,
         draingage, leveling, contouring & terracing)
    BUILDING
       Farm                                              SL      150db       150db     SL    40     20      25
       Residential                                       SL     SL Real     SL Real    SL    40    27.5     40
    ADMINISTRATIVE
       Furniture (e.g. desks, chairs, filing cabinet)    SL      200db      150 db     SL    10     7       10
       Equipment (e.g. copiers, office machines)         SL      200db      150 db     SL     5     5        6
       Computer Hardware                                 SL      200db      150 db     SL     5     5        5
       Computer Software                                 SL       SL          SL       SL     3     3        3
       Automobiles                                       SL    150db Lux   150db Lux   SL     5     5        5
       Light Trucks & Vans (Note 1)                      SL    150db LT    150db LT    SL     5     5        5
    VINEYARD DEVELOPMENT
       Budding costs                                     SL       SL          SL       SL    20    10       20
       Budwood                                           SL       SL          SL       SL    20    10       20
       Fumigation                                        SL       SL          SL       SL    20    10       20
       Layout                                            SL       SL          SL       SL    20    10       20
       Planting Costs                                    SL       SL          SL       SL    20    10       20
       Preproductive Farming                             SL       SL          SL       SL    20    10       20
       Ripping                                           SL       SL          SL       SL    20    10       20
       Rootstock                                         SL       SL          SL       SL    20    10       20
       T-Budding costs                                   SL       SL          SL       SL    20    10       20
       Vines                                             SL       SL          SL       SL    20    10       20
    VINEYARD IMPROVEMENTS
       Cross Arms                                        SL     150db       150db      SL    20     7       10
       Drain Tile                                        SL     150db       150db      SL    20     7       10
       Drainage (non-earthen)                            SL     150db       150db      SL    20     7       10
       Drip Hose                                         SL     150db       150db      SL    20     7       10
       Drip System/Emitters                              SL     150db       150db      SL    20     7       10
       Fencing                                           SL     150db       150db      SL    20     7       10
       Filters                                           SL     150db       150db      SL    10     7       10
       Frost Protection                                  SL     150db       150db      SL    10     7       10
       Irrigation Pumps                                  SL     150db       150db      SL    10     7       10
       Main Lines                                        SL     150db       150db      SL    20     7       10
       Posts                                             SL     150db       150db      SL    20     7       10
       Reservoir (non-earthen)                           SL     150db       150db      SL    20    15       20
       Roads                                             SL     150db       150db      SL    20    15       20
       Stakes                                            SL     150db       150db      SL    20     7       10
       Storm Drains                                      SL     150db       150db      SL    20     7       10
       Trellis                                           SL     150db       150db      SL    20     7       10
       Well                                              SL     150db       150db      SL    20    15       20




Assumes all assets purchased after 1986.
                                                                                                          Page 4
                                           BROTEMARKLE, DAVIS & CO. LLP
                                           VINEYARD DEPRECIATION TABLE

                                                                     METHOD                               LIFE
                                                        Book     Federal   AMT          ADS Book          Fed    ADS
         Wire                                             SL      150db       150db      SL     20         7       10
    VINEYARD EQUIPMENT
       Brush Shredder                                     SL      150db       150db      SL     10         7       10
       Crawler                                            SL      150db       150db      SL     10         7       10
       Disc                                               SL      150db       150db      SL     10         7       10
       Duster                                             SL      150db       150db      SL     10         7       10
       Generator                                          SL      150db       150db      SL     10         7       10
       Gondolas                                           SL      150db       150db      SL     10         7       10
       Mechancial Harvester                               SL      150db       150db      SL     10         7       10
       Mower                                              SL      150db       150db      SL     10         7       10
       Picking Bins                                       SL      150db       150db      SL     10         7       10
       Refraction Meter                                   SL      150db       150db      SL     10         7       10
       Rototiller                                         SL      150db       150db      SL     10         7       10
       Seed Drill                                         SL      150db       150db      SL     10         7       10
       Smudge Pots                                        SL      150db       150db      SL     10         7       10
       Sprayer                                            SL      150db       150db      SL     10         7       10
       Spreader                                           SL      150db       150db      SL     10         7       10
       Tension Meters                                     SL      150db       150db      SL     10         7       10
       Tractors                                           SL      150db       150db      SL     10         7       10
       Weather Recorders                                  SL      150db       150db      SL     10         7       10
       Wind Machine                                       SL      150db       150db      SL     10         7       10

         Note 1: Applies to light trucks and vans that have a loaded gross vehicle weight of 6,000 pounds or less.
                Also, does not apply to vehicles that, because of their design, are not likely to be used for
                personal purposes.

         For assets acquired in 1999 and later, AMT life will equal federal life.
         For assets acquired in 1994 and later, ACE life and method will equal federal life and method.

         State methods and lives are the same as Federal, except for C Corporations,
          which are the same as book (Accelerated Depreciation is optional).

         Vineyards that are disease replacements may use 5 years SL for state purposes (10 years ADS)




Assumes all assets purchased after 1986.
                                                                                                                 Page 5
                                             Methods




                            FIXED ASSET DEPRECIATION METHODS



                       METHODS                           BOOK   FEDERAL     STATE
 1. Straight-line                                        YES     Pre-1981  Pre-1987
 2. 200% Declining                                       YES     Pre-1981  Pre-1987
 3. 150% Declining                                       YES     Pre-1981  Pre-1987
 4. 125% Declining                                       YES     Pre-1981  Pre-1987
 5. Straight-line/Remaining life                         YES     Pre-1981  Pre-1987
 6. Sum of the years-digits                              NO      Pre-1981  Pre-1987
 7. ACRS personal property (percentage method)           NO     1981-1986     NO
 8. ACRS personal property (optional straight-line)      NO     1981-1986     NO
 9. ACRS real estate (percentage method)                 NO     1981-1986     NO
10. ACRS low-income real estate (percentage method       NO     1981-1986     NO
11. ACRS real estate (optional straight-line)            NO     1981-1986     NO
12. Preparer override                                    YES       YES       YES
13. Nondepreciable asset                                 YES       YES       YES
14. ACRS Luxury auto                                     NO     1981-1986     NO
15. ACRS Luxury auto (straight-line)                     NO     1981-1986 1985 & 1986
16. MACRS personal property (200% declining balance)     NO     Post-1986  Post-1986
17. MACRS personal property (straight-line)              NO     Post-1986  Post-1986
18. MACRS personal property (alternative method)         NO     Post-1986  Post-1986
19. MACRS real property (straight-line)                  NO     Post-1986  Post-1986
20. MACRS real property (alternative method)             NO     Post-1986  Post-1986
21. MACRS other real property (200% declining balance)   NO     Post-1986  Post-1986
22. MACRS other real property (straight-line)            NO     Post-1986  Post-1986
23. MACRS other real property (alternative method)       NO     Post-1986  Post-1986
24. MACRS luxury auto (200% declining balance)           NO     Post-1986  Post-1986
25. MACRS luxury auto (straight-line)                    NO     Post-1986  Post-1986
26. MACRSluxury auto (alternative method)                NO     Post-1986  Post-1986
27. MACRS personal property (150% AMT)                   NO     Post-1986  Post-1986
28. MACRS other real property (150% AMT)                 NO     Post-1986  Post-1986
29. MACRS luxury auto (150% AMT)                         NO     Post-1986  Post-1986
30. MACRS personal property (150% farm)                  NO     Post-1988     NO
31. MACRS other real property (150% farm)                NO     Post-1988     NO
32. MACRS luxury auto (150% farm)                        NO     Post-1988     NO




                                              Page 6
                                         Sheet4




                       FIXED ASSET DEPRECIATION METHODS


                      METHODS                            BOOK FEDERAL
1. Straight-line                                         YES    Pre-1981
2. 200% Declining                                        YES    Pre-1981
3. 150% Declining                                        YES    Pre-1981
4. 125% Declining                                        YES    Pre-1981
5. Straight-line/Remaining life                          YES    Pre-1981
6. Sum of the years-digits                               NO     Pre-1981
7. ACRS personal property (percentage method)            NO    1981-1986
8. ACRS personal property (optional straight-line)       NO    1981-1986
9. ACRS real estate (percentage method)                  NO    1981-1986
10. ACRS low-income real estate (percentage method)      NO    1981-1986
11. ACRS real estate (optional straight-line)            NO    1981-1986
12. Preparer override                                    YES      YES
13. Nondepreciable asset                                 YES      YES
14. ACRS Luxury auto                                     NO    1981-1986
15. ACRS Luxury auto (straight-line)                     NO    1981-1986
16. MACRS personal property (200% declining balance)     NO    Post-1986
17. MACRS personal property (straight-line)              NO    Post-1986
18. MACRS personal property (alternative method)         NO    Post-1986
19. MACRS real property (straight-line)                  NO    Post-1986
20. MACRS real property (alternative method)             NO    Post-1986
21. MACRS other real property (200% declining balance)   NO    Post-1986
22. MACRS other real property (straight-line)            NO    Post-1986
23. MACRS other real property (alternative method)       NO    Post-1986
24. MACRS luxury auto (200% declining balance)           NO    Post-1986
25. MACRS luxury auto (straight-line)                    NO    Post-1986
26. MACRSluxury auto (alternative method)                NO    Post-1986
27. MACRS personal property (150% AMT)                   NO    Post-1986
28. MACRS other real property (150% AMT)                 NO    Post-1986
29. MACRS luxury auto (150% AMT)                         NO    Post-1986
30. MACRS personal property (150% farm)                  NO    Post-1988
31. MACRS other real property (150% farm)                NO    Post-1988
32. MACRS luxury auto (150% farm)                        NO    Post-1988




                                         Page 7
              Sheet4




  STATE
 Pre-1987
 Pre-1987
 Pre-1987
 Pre-1987
 Pre-1987
 Pre-1987
    NO
    NO
    NO
    NO
    NO
   YES
   YES
    NO
1985 & 1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
 Post-1986
    NO
    NO
    NO




              Page 8

								
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