documentation. 1  the use of documentary evidence. 2  a furnishing with documents, as to substantiate a claim or the data in a book or article. 3  Computers.
1 Regular depreciation: Most business equipment is depreciable under MACRS depreciation (Modified Accelerated Cost Recovery System-pronounced MAKERS). 2  MACRS includes an accelerated method, which produces higher deductions in the early years of the property's recovery period than the MACRS straight-line method.
Remaining Years Depreciation. The maximum depreciation you can take under Procedure 2013-21 in the second year is $5,100 and $1,875 for all the following years. For the second year, your MACRS depreciation is 26 percent of the vehicleâs cost, or $13,000.However, your deduction is limited to $5,100.irst Year Depreciation. Your depreciation deduction is limited to the lesser of the MACRS depreciation amount or the amount stated under Procedure 2013-21. Under Procedure 2013-21, the maximum bonus depreciation deduction you can take for the first year is $11,160.