If i elect to use "De Minimis Safe Harbor"
1) Should i write off these assets as expense under Other Expenses Section ?
2) Can i choose which asset to use "De Minimis Safe Harbor" ?
3) Without AFS, What if some asset less than $2500, and other over $2500. I should write off those under 2500 as expense, and over 2500 as deprecation? right?
4) Can i still use 179 for those over 2500, if i use "De Minimis Safe Harbor" for those under 2500?
1) Should i write off these assets as expense under Other Expenses Section ?
Yes
2) Can i choose which asset to use "De Minimis Safe Harbor" ?
No. You must choose all that are $2,500 or less.
3) Without AFS, What if some asset less than $2500, and other over $2500. I should write off those under 2500 as expense, and over 2500 as deprecation? right?
Right.
4) Can i still use 179 for those over 2500, if i use "De Minimis Safe Harbor" for those under 2500?
Yes
Thank you. So under 2500, i can write off them as other expenses. And i can still uder 179 to deduct those over 2500, right?
Yes, you can use the DeMinimis Safe Harbor for items under $2,500 and for the rest of your assets you can use Section 179 if they qualify.