What is the Election out of Qualified Economic Stimulus Property

[lindakgreer]

IRC Section 168

[Critter]

That has to do with the BONUS depreciation ... if you want to slow down the depreciation being taken then you would OPT OUT.   All depends on if you want or need the extra depreciation deduction now  or want to slow it down so you take the deduction over a set number of years.  https://www.cbh.com/guide/alerts/irs-released-proposed-regulations-for-section-168k-bonus-depreciati...