MACRS Property Classes Table
From IRS Publication 946 Excerpt from Table B-1 (many asset classes omitted here)
| IRS Asset Classes | Asset Description | ADS Class Life | GDS Class Life |
|---|---|---|---|
| 00.11 | Office furniture, fixtures, and equipment | 10 | 7 |
| 00.12 | Information systems: computers/peripherals | 6 | 5 |
| 00.22 | Automobiles, taxis | 2 | 5 |
| 00.241 | Light general-purpose trucks | 4 | 5 |
| 00.25 | Railroad cars and locomotives | 15 | 7 |
| 00.40 | Industrial steam and electric distribution | 22 | 15 |
| 01.11 | Cotton gin assets | 12 | 7 |
| 01.21 | Cattle, breeding or dairy | 7 | 5 |
| 13.00 | Offshore drilling assets | 7.5 | 5 |
| 13.30 | Petroleum refining assets | 16 | 10 |
| 15.00 | Construction assets | 6 | 5 |
| 20.10 | Manufacture of grain and grain mill products | 17 | 10 |
| 20.20 | Manufacture of yarn, thread, and woven fabric | 11 | 7 |
| 24.10 | Cutting of timber | 6 | 5 |
| 32.20 | Manufacture of cement | 20 | 15 |
| 20.1 | Manufacture of motor vehicles | 12 | 7 |
| 48.10 | Telephone distribution plant | 24 | 15 |
| 48.2 | Radio and television broadcasting equipment | 6 | 5 |
| 49.12 | Electric utility nuclear production plant | 20 | 15 |
| 49.13 | Electric utility steam production plant | 28 | 20 |
| 49.23 | Natural gas production plant | 14 | 7 |
| 50.00 | Municipal waste water treatment plant | 24 | 15 |
| 57.0 | Distributive trades, and services | 9 | 5 |
| 80.00 | Theme and amusement park assets | 12.5 | 7 |
- The depreciation deduction for automobiles is limited to $7660 (maximum) the first tax year, $4900 the second, $2950 the third year, and $1775 per year in subsequent years.
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