I owe taxes company sale, will owe capital gains on the whole $1MM Could I purchase a car wash for $1MM bonus deprec the full amount in thus emliminate taxes on the $1MM
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I owe taxes company sale, will owe capital gains on the whole $1MM Could I purchase a car wash for $1MM bonus deprec the full amount in thus emliminate taxes on the $1MM
I owe taxes company sale, will owe capital gains on the whole $1MM Could I purchase a car wash for $1MM bonus deprec the full amount in thus emliminate taxes on the $1MM
see a tax pro who can go over your situation. part of the purchase price may not be eligible for bonus depreciation - the land, goodwill, and other items.
I owe taxes company sale, will owe capital gains on the whole $1MM Could I purchase a car wash for $1MM bonus deprec the full amount in thus emliminate taxes on the $1MM
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.