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Business & farm
Thank you for your responses, they have saved me a lot of time digging through for up to date info. I have 1 last question. On my business vehicle if I utilize special depreciation, I say I can deduct up to $19,200 on that first year. Lets say the vehicle is valued at 30k when it went into service. Does that remaining 10.8k get evenly divided into depreciation for the next 5 years?
‎February 23, 2023
10:27 PM