1 The folder named General Math contains pdfs that are tests from the years 1993 - 1994 and 2002 - 2009. 2  This folder is divided into subfolders named by year. 3  Each of these years contains individual tests for each UIL test type (A, B, District 1, District 2, Regional, State) and the TMSCA State test from that year.
You must reduce the basis of property by the depreciation allowed or allowable, whichever is greater. Depreciation allowed is depreciation you actually deducted (from which you received a tax benefit). Depreciation allowable is depreciation you are entitled to deduct.
Depreciation is the process of reducing the value of a fixed asset. Depreciation expense is determined by the cost of the asset, the useful life, projected salvage value and the method of depreciation used. A haul truck for a mining company, for example, may have a purchase price of $1 million.