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Level 1

Question

depreciation

Forum|Forum|3 years ago
June 28, 2023
1 reply
3 views

Is the 2 year depreciation for new equipment still available?

Level 15

What type of property, exactly, and for what purpose?

Regardless, you should consider Section 179 expensing and bonus depreciation if your recovery period for the equipment is only two years.

See https://www.irs.gov/publications/p946