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Business & farm
Understood - and phew, I'm glad I asked, because based on that other answer I was going to depreciate one or two larger items but expense all the rest! Perhaps it might be good to correct that other answer, so that other people aren't misled 😉
And as just a final confirmation, since as you stated the lower limit is $200, it basically means that if I do make the election, everything between $200 and $2500 must be listed as an expense (cannot be depreciated).
Thanks again!
And as just a final confirmation, since as you stated the lower limit is $200, it basically means that if I do make the election, everything between $200 and $2500 must be listed as an expense (cannot be depreciated).
Thanks again!
‎June 3, 2019
6:47 PM