- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
If you choose to take them as expenses, they would still be entered in the depreciation section as section 179 assets. If you are going to take the full amount of depreciation in one year, you are required to keep them as a business asset for their entire useful life. If you were to remove them from service, you would have to recapture the depreciation.
Glad I was helpful.
Glad I was helpful.
‎June 6, 2019
4:02 AM