Unfortunately, Section 179 depreciation is only available for the first tax year when you place the asset into service. Any asset value left over after Section 179 is applied may qualify for Special (Bonus) depreciation. If any value remains, it would be depreciated over the remaining life of the asset.
TurboTax will help you choose the best depreciation option for your property when you enter the asset.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
