AndrewMT
Returning Member

Business & farm

Quick add-on question with my own scenario:

 

  • I established a sole proprietorship this year (product design company)
  • I have a full time job and have used some of the income from this job to buy hardware and software for my business
  • At this moment, I have not yet established any clients nor received any income/revenue from my business

Based on the scenario above, can I deduct Section 179 expenses when I file my taxes for 2019?  Is there anything I should look out for (any word of caution)?