- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
You can claim the section 179 deduction for most business assets, but for the most part you are limited to deducting only enough of the cost of your assets that reduce your business income to zero in the current year. Any used Section 179 deduction can by carried over to future years.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 30, 2023
6:44 PM