Publication 225: Farmer's Tax Guide;

This is archived information that pertains only to the 2004 Tax Year. If you
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Depreciation Worksheet.

Description of Property	Date Placed in Service	Cost or Other Basis	Business/ Investment Use %	Section 179 Deduction and Special allowance	Depreciation Prior Years	Basis for Depreciation	Method/ Convention	Recovery Period	Rate or Table %	Depreciation Deduction
STRAIGHT LINE: BARN	1-8-78	6,400	100%	(blank text field)	6,400	0 (See Footnote 5) Footnote 5: Adjusted basis	SL	25	(blank text field)	0
STRAIGHT LINE: SILO	1-2-80	16,000	100%	(blank text field)	16,000	0 (See Footnote 5) Footnote 5: Adjusted basis	SL	20	(blank text field)	0
ALTERNATE Accelerated Cost Recovery System: MACHINE SHED	1-2-86	6,000	100%	(blank text field)	5,676	6,000	Mod SL	19	5.2	312
Modified Accelerated Cost Recovery System: TRACTOR #2 (traded 7/04)	1-8-00	7,297	100%	5,000	804	2,297	SL/HY	10	10.0	114.85 (See Footnote 1) Footnote 1: Depreciation for 1st 6 months ($114.85) using $2,297 as the depreciable basis. Depreciation for the last six months ($34.45) The exchanged basis is listed separately as the exchanged basis for tractor #5, but depreciated over the remaining life of tractor #2 using the same depreciation method and recovery period.
Modified Accelerated Cost Recovery System: DAIRY COW #42 (killed 7/04)	6-22-00	600	100%	(blank text field)	300	600	SL/HY	7	14.29	42.87 (See Footnote 2) Footnote 2: Depreciation limited to half-year
Modified Accelerated Cost Recovery System: DAIRY COW #52 (sold 2/04)	7-15-00	900	100%	(blank text field)	450	900	SL/HY	7	14.29	64.31 (See Footnote 2) Footnote 2: Depreciation limited to half-year
Modified Accelerated Cost Recovery System: DAIRY COW #54	9-9-00	1,200	100%	(blank text field)	600	1,200	SL/HY	7	14.29	171.48
CAR (listed property)	1-6-01	12,350	60%	(blank text field)	4,334	7,410	150DB/HY	5	16.66	1,065. (See Footnote 3) Footnote 3: Limited deduction for passenger automobile
DAIRY COW #60 (sold 10/04)	2-21-01	1,200	100%	(blank text field)	538	1,200	150DB/HY	7	12.25	73.50 (See Footnote 2) Footnote 2: Depreciation limited to half-year
PLOW	4-6-01	4,821	100%	(blank text field)	1,599	4,821	150DB/HY	10	10.02	483.06
PICKUP TRUCK (listed property)	5-18-01	7,076	100%	(blank text field)	4,129	7,076	150DB/HY	5	16.66	1,178.86
DAIRY COW #61	9-1-01	1,400	100%	(blank text field)	628	1,400	150DB/HY	7	12.25	171.50
TRACTOR #4	10-12-01	13,483	100%	5,000	2,814	8,483	150DB/HY	10	10.02	849.99
MILK TANK	1-4-02	11,500	100%	10,000	448	1,500	150DB/HY	7	15.03	225.45
MANURE SPREADER	5-3-02	3,400	100%	(blank text field)	1,015	3,400	150DB/HY	7	15.03	511.02
DAIRY FACILITY BUILDING	1-9-04	56,500	100%	28,250	0	28,250	150DB/HY	10	7.50	2,118.75
DAIRY FACILITY EQUIPMENT	1-9-04	72,000	100%	72,000		0
MACHINE SHED IMPROVEMENT	2-20-04	1,300	100%	650	0	650	150DB/HY	20	3.75	24.38
TRACTOR #5 (excess basis)	7-8-04	33,729	100%	31,865	0	1,864	150DB/HY	7	10.71	109.63 (See Footnote 4) Footnote 4: Half-year depreciation for tractor #5
TRACTOR #5 (exchanged basis)	1-8-00	1,378	100%	689	0	689	SL/HY	10	10.0	34.45 (See Footnote 1) Footnote 1:Depreciation for 1st 6 months ($114.85) using $2,297 as the depreciable basis plus depreciation for the last six months ($34.45) The exchange basis is listed separately as the exchange basis for tractor #5 but depreciated over the remaining life of tractor #2 using the same depreciation method and recovery period.
TOTAL										7,641.10