topic I am a c corporation that files my taxes on the accrual system I had a major engine repair on my heavy duty truck it was a $25000 repair can i deduct the whole bill this in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-c-corporation-that-files-my-taxes-on-the-accrual-system-i-had-a-major-engine-repair-on-my/01/138963#M4981 or do i need to depreciate it out over 5 years? Sat, 01 Jun 2019 06:56:13 GMT krabb2434 2019-06-01T06:56:13Z I am a c corporation that files my taxes on the accrual system I had a major engine repair on my heavy duty truck it was a $25000 repair can i deduct the whole bill this https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-c-corporation-that-files-my-taxes-on-the-accrual-system-i-had-a-major-engine-repair-on-my/01/138963#M4981 or do i need to depreciate it out over 5 years? Sat, 01 Jun 2019 06:56:13 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-a-c-corporation-that-files-my-taxes-on-the-accrual-system-i-had-a-major-engine-repair-on-my/01/138963#M4981 krabb2434 2019-06-01T06:56:13Z The repair described above would extend the useful life o... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/the-repair-described-above-would-extend-the-useful-life-o/01/138971#M4982 The repair described above would extend the useful life of the truck. Therefore, it should be depreciated. Sat, 01 Jun 2019 06:56:15 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/the-repair-described-above-would-extend-the-useful-life-o/01/138971#M4982 Fern 2019-06-01T06:56:15Z