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Business & farm
@nerobins , congratulations.
I would refer you to the following IRS doc. ---> Instructions for Form 4562 (2024) | Internal Revenue Service
specifically on Part II where it covers "Bonus" depreciation. Note the life requirements under MACRS.
You may also like to read / be aware of -- Publication 946 (2024), How To Depreciate Property | Internal Revenue Service
This is straight from the horse's mouth.
IS there more I can do for you ?
‎October 30, 2025
4:46 PM