Page 76 - Small Business IRS Training Guides

Slide 3 – Course Navigation

Course Navigation

1. Section 13101 – Section 179 Deduction
2. Section 13201 – Additional First Year Depreciation
Deduction – Bonus Depreciation

3. Section 13202 – Depreciation Luxury Auto Limitations

4. Section 13203 – Modifications of Treatment of Certain
Farm Property

5. Section 13204 – Applicable Recovery Period for Real
Property
6. Section 13205 – Use of Alternative Depreciation System
for Electing Farming Businesses

Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 3

Slide 4 – Course Objectives

Course Objectives
By the end of this course, you will be able to:
• Identify key elements of the following provisions:
• Section 13101 – Section 179 Deduction
• Section 13201 – Additional First Year Depreciation
Deduction – Bonus Depreciation
• Section 13202 – Depreciation Luxury Auto Limitations
• Section 13203 – Modifications of Treatment of Certain
Farm Property
• Section 13204 – Applicable Recovery Period for Real
Property
• Section 13205 – Use of Alternative Depreciation System
for Electing Farming Businesses
• Communicate critical information to taxpayers related to the
listed provisions
Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 4

Student Guide TCJA – Depreciation Provisions
73083-102 A-2 05/2019