@adamflyer in 2023 you have a choice of depreciation options so if you have questions post back when doing that return. you can take 179 but you don't get to deduct it unless you have sufficient net business income, there is special depreciation under 168(k) that provides the same deduction as 179 but is not limited to net business income. you can skip both if the business income is low in 2023 and you want to preserve some of that deduction for 2024 and later. In other words, if the equipment's depreciable life is normally 7 years you can take anywhere from 5% (ADS depreciation) to 100% the first year.
