- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
what type of asset - useful life - new or used. certain assets may not qualify for 179 but do for bonus. if you want to check look at PUB 946
https://www.irs.gov/forms-pubs/about-publication-946
does it matter? 179 is limited by net business income before the deduction. this limitation does not apply to bonus.
‎August 30, 2025
2:11 PM