I clicked through all of those and entered my numbers. I earned roughly $3500 in series I bond interest in 2024 and contributed over $4000 to my child's 529 acc...
We have two cars and we both use them as needed, both of which are in my name (not sure if that matters). Got it, so basically we'd either have to choose one of...
So basically its almost always better/more convenient to simply take the deduction for the current year rather than depreciate it, unless you have to depreciate...
