Deductions & credits

just  select type G from drop down. the IRS will never know you used Turbotax Type G because that info is not transmitted. It may not even matter. if you want, between section 179 depreciation and bonus depreciation you can expense 100% of the cost. if the trailer cost less than $2500 it can be expensed directly without capitalizing and deprecating it under safe harbor rules

 

What is the de minimis safe harbor election?
Under the final tangibles regulations, you may elect to apply a de minimis safe harbor to amounts paid to acquire or produce tangible property to the extent such amounts are deducted by you for financial accounting purposes or in keeping your books and records. If you have an applicable financial statement (AFS), you may use this safe harbor to deduct amounts paid for tangible property up to $5,000 per invoice or item (as substantiated by invoice). If you don't have an AFS, you may use the safe harbor to deduct amounts up to $2,500 ($500 prior to 1-1-2016) per invoice or item (as substantiated by invoice).