What category would Firearms fall under for depreciation as a firearms instructor?

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1 Best answer

Level 13

Jun 6, 2019 2:59:45 AM

Since there is no specific asset class for this item, it would fall under the personal property with no class life and the life would be 7.

Level 13

Jun 6, 2019 2:59:45 AM

Since there is no specific asset class for this item, it would fall under the personal property with no class life and the life would be 7.

New Member

Jun 6, 2019 2:59:48 AM

Here is some information on where to enter those deductions regarding your Employment as a Firearm Instructor:

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