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Get your taxes done using TurboTax
YOu can do either. However, I recommend capitalization unless you have the business income to deduct it from in the year you want to expense it. I'm sure you're already aware of the limits on expensing a high cost IP asset, so won't get into that. But if you have the income to deduct the expense from, expensing it is usually better.
‎October 3, 2018
7:32 PM