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Deductions & credits
Regarding #2, because of covid, no client visited my office in 2021. Nor did I visit any of theirs. So, I guess it is 100%.
Regarding #3, I assume you are cautioning me to avoid S179 if there is some decent chance that the business will close before 4 more years, right? If so, sounds like good advice as I am getting up there in years. On the two OTHER eligible assets, I went through the TTax algorithm and, as I best recall, because the asset's cost (two computers actually, as I am a computer consultant) were each less than $2,500, I think it did not really tell me if it was defaulting to S179 or not. Can you clarify what I might have run up against and what is the better choice for that, if indeed there is any choice that mattered?
Thanks much!
Dean