- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
There is no monetary limit on how much he can deduct. As the other replies indicate, there are rules on whether expensive tools can be written off, totally, in the year purchased or whether the cost must be spread out (depreciated) over several tears (typically 5 years or 7 years)
‎August 13, 2019
4:48 AM
712 Views