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mchll16
New Member

Should I deduct my items as expenses with the annual election or deprecate them?

 
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1 Reply
georgesT
New Member

Should I deduct my items as expenses with the annual election or deprecate them?

Yes, you can elect to take the expenses instead of depreciation(Section 179 depreciation).

See answer to the below FAQ for additional information.

https://ttlc.intuit.com/replies/5387864

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