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Deductions & credits
Thank you! That solves the problem! Using section 179 I got about half of the $18k deduction first year. Whereas using the bonus depreciation, I got all the business use portion of the $18k deduction, and the Asset Life History is now showing depreciation for the next 5 years. I am going with just the bonus depreciation.
‎October 10, 2023
10:03 AM
3,071 Views