Hi Mark,
Thanks. After I changed to 10/1/2023. The depreciation is $105 instead of 86. Is it because MQ?
9/25/2023 is 3rd quarter and 10/1/2023 is 4th quarter. Why it can't accept 9/25/2023?
I thank you for letting me know item < $2500 should be expensed instead of depreciated. I don't know why CPA depreciated(She did for my 2023 tax because I sold a property and it's kind complicate based on my tax knowledge). I like to expense it in 2024 Turbotax. Can I expense the balance $263 ($310-47)?
When I sell this product in 10 years, this $310 water heater should all be depreciated. Will it be included in the depreciation recapture or just the building depreciation should be counted in depreciation recapture?
