You'll need to sign in or create an account to connect with an expert.
No, you are not allowed depreciation for any asset that was "placed in service" and disposed in the same tax year.
https://www.irs.gov/publications/p946#en_US_2018_publink1000107322
No, you are not allowed depreciation for any asset that was "placed in service" and disposed in the same tax year.
https://www.irs.gov/publications/p946#en_US_2018_publink1000107322
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
dmarchello
New Member
dmarchello
New Member
cparke3
Level 4
msd83
New Member
chill63b-yahoo-c
New Member
Did the information on this page answer your question?
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.