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Business & farm
@Carl Yeah I understand that. But my situation is that the assets were acquired in 2023 and normal depreciation is only 20% assuming 5 year lifespan. My question is that with state's partial conformity, how much can I take depreciation in 2023, is it the state limit $25,000 or "normal depreciation + state limit" that is equal to $45,000?
May 21, 2023
11:40 AM