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Deductions & credits
The IRS has not changed the CLADR tables in more than 20+ years so they are woefully behind the technology curve.
Looking over all the answers I think it could be either inventory or an asset depending on your use or intention. I would choose one method and be prepared to defend the position if the IRS ever comes asking.
Looking over all the answers I think it could be either inventory or an asset depending on your use or intention. I would choose one method and be prepared to defend the position if the IRS ever comes asking.
‎June 7, 2019
2:57 PM