Thank you very much. Now I think I have a clearer picture. In 2026 based on my initial scenario, the "clawback" would be approx 12K total but that's only Federa...
ok so the correct way to calculate it is to multiply both the original purchase price AND the sale price by 80%?When I say bigger tax bite, I mean bigger clawba...
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...
