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Deductions & credits
In addition to operating expenses, you can also claim depreciation expense for an aircraft, It would need to be added as a Business asset in the Business Income and Expenses interview.
For additional information, see:
<a rel="nofollow" target="_blank" href="https://www.nbaa.org/admin/taxes/depreciation/">https://www.nbaa.org/admin/taxes/depreciation/</a>
For additional information, see:
<a rel="nofollow" target="_blank" href="https://www.nbaa.org/admin/taxes/depreciation/">https://www.nbaa.org/admin/taxes/depreciation/</a>
May 31, 2019
7:32 PM