Aahh. Thanks so much for clearing that up. It seems a bit unfair though that with 100% bonus, they "fix" the rule so you don't have to carry $28K to the seventh...
So I ran a test to see what was happening. First I entered a vehicle into service in 2022 two different ways, with standard 5 yr depreciation and with first yea...
Yes the program did not add regular depreciation the first year. Just bonus depreciation with limit.One question though. When regular depreciation is limited in...
Yes the program did not add regular depreciation the first year. Just bonus depreciation with limit.One question though. When regular depreciation is limited in...
But that would mean the vehicle would take more than 10 years to fully depreciate. Who would elect the bonus when regular MACRS 200db 5 year depreciation could ...
