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re: New Accountant Needs Help: § 179 Depreciation Deduction

Posted on 2/14/14 at 7:32 pm to
Posted by Smoke7024
Member since Jun 2010
22742 posts
Posted on 2/14/14 at 7:32 pm to
Pretty sure it's limited on a truck like that at 25k. He can then take 50% bonus depreciation plus macrs. Haven't done taxes in awhile, but I'm pretty sure this is the case here.
Posted by simonizer
no
Member since Oct 2008
1650 posts
Posted on 2/14/14 at 8:01 pm to
if he has a 6ft bed he isnt limited to 25k
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