Taxes: roller coaster

What is the MACRS asset class of a roller coaster at an amusement park?

Question options:

  • 3-Year
  • 5-Year
  • 7-Year
  • 10-Year
  • 15-Year
  • 20-Year

Answer:
https://www.irs.gov/publications/p946/13081f40.html

Asset Class 80 Theme and Amusement Parks has rides listed as a 7 year MACRS recovery period.

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