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Taking bonus depreciation does not affect the cost basis of the associated asset.
Like all depreciation, special (bonus) depreciation will reduce the adjusted basis in an asset. The cost basis remains the same, but the net value of the asset is cost less accumulated depreciation (including special depreciation).
Like all depreciation, special (bonus) depreciation will reduce the adjusted basis in an asset. The cost basis remains the same, but the net value of the asset is cost less accumulated depreciation (including special depreciation).
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‎June 5, 2019
11:42 AM