ron2024
Returning Member

De Minimis Safe Harbor question

If i elect to use "De Minimis Safe Harbor" 

 

1) Should i write off these assets as expense under Other Expenses Section ?

 

2) Can i choose which asset to use "De Minimis Safe Harbor" ?

 

3) Without AFS, What if some asset less than $2500, and other over $2500. I should write off those under 2500 as expense, and over 2500 as deprecation? right?

 

4) Can i still use 179 for those over 2500, if i use "De Minimis Safe Harbor" for those under 2500?