Business & farm


@waefsr wrote:

 

I did find the treatment for year two in both cases.  If I can get 2018 fixed for the bonus depreciation instead of Section 179 and refile that, then I should be able to take approximately $5k in 2019, and have it fully depreciated by 2023.  Otherwise, I would have to wait until 2024 before I can take anymore depreciation under Section 179 and not have it fully depreciated until later.  At least that is what it seems to be.

🐵


 

I'm impressed.  Yes, that is mostly correct.  Out of curiosity, what were your sources for figuring that out?