I used H&R Block last year and there are 4 appliances in form 4562 Part I ELECTION TO EXPENSE CERTAIN PROPERTY UNDER SECTION 179. Do I have to add them this year?
I used H&R Block last year and there are 4 appliances in form 4562 Part I ELECTION TO EXPENSE CERTAIN PROPERTY UNDER SECTION 179. Do I have to add them this year?
No, you do not have to add them as you wrote them off in 2015. However, be sure to keep a permanent record of all your asset acquisitions and depreciation.
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