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Depreciable life for land improvements in California

Anonymous
Not applicable

Hi,

Does anybody know what the depreciable life for land improvements is in California? I can’t seem to find the answer. I know for Fed it’s 15 years under GDS.

I want to mention that I looked at CA Rev and tax code 17250 and I didn't find anything specifically for land improvements: https://codes.findlaw.com/ca/revenue-and-taxation-code/rtc-sect-17250.html

Thanks!

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1 Solution

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

Add a land improvement on the federal then switch over to the CA return and look at their asset entry worksheet for the improvement, scroll to the bottom and it will show you what CA allows...I believe its 15yrs as well.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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1 Comment 1
Just-Lisa-Now-
Level 15
Level 15

Add a land improvement on the federal then switch over to the CA return and look at their asset entry worksheet for the improvement, scroll to the bottom and it will show you what CA allows...I believe its 15yrs as well.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪