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Securities > Accelerated Cost Recovery System (Acrs)

The following information is about Accelerated Cost Recovery System (Acrs).

Accelerated Cost Recovery System (Acrs) Defined

A statutory schedule of depreciation deductions for assets put into service after 1980 and before 1987. Salvage value is disregarded in computing ACRS allowances. Replaced by Modified Cost Recovery System (MACRS).

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