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IRS.gov Website
Publication 946
taxmap/pubs/p946-016.htm#en_us_publink1000299544

Election to Accelerate Certain Credits in Lieu of the Special Depreciation Allowance(p27)

rule
A corporation can elect to claim unused minimum tax credits in lieu of claiming the special depreciation allowance for qualified property (as defined in section 168(k)(2) of the Internal Revenue Code) placed in service during the tax year.
If you make an election to accelerate these credits in lieu of claiming the special depreciation allowance for eligible property, you must not take the 50% special depreciation allowance for the property and must depreciate the basis in the property under MACRS using the straight line method. See Which Depreciation Method Applies in chapter 4.
Once made, the election cannot be revoked without IRS consent.
For more information, see section 168(k)(4) of the Internal Revenue Code.
taxmap/pubs/p946-016.htm#en_us_publink1000299546

Additional guidance.(p27)

rule
For additional guidance on the election to accelerate the minimum tax credit in lieu of claiming the special depreciation allowance, see Form 8827, Credit for Prior Year Minimum Tax — Corporations, and related instructions.