Shannon702
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Thank You so much!I am in an accounting course right now. And I am using the Accrual method. Debit, credit, accrue, defer etc, etc :(And hoping I will be follow...
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@Rick19744I should clarify. I realize I can take depreciation expense per month on books/taxes.But I was more referring to special deductions like Sect 179 not ...
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Hello again@Rick19744I think it just occurred to me why this was so confusing to me.I kept thinking that depreciating the asset over the allowed time in my acco...
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And I really appreciate how clearly you explained that!
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I really appreciate your response.So sorry I didn't see it yesterday. Didn't realize I was having phone issues till just now :(I was hoping to have a clear gras...
Activity Feed for Shannon702
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 16, 2023 1:07 PM
- Cheered Re: Contribution of Equipment to LLC and Sect 179 for Rick19744. November 16, 2023 1:07 PM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 16, 2023 10:54 AM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 16, 2023 10:08 AM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 15, 2023 1:52 PM
- Cheered Re: Contribution of Equipment to LLC and Sect 179 for Anonymous_. November 15, 2023 1:49 PM
- Cheered Re: Contribution of Equipment to LLC and Sect 179 for Rick19744. November 15, 2023 1:49 PM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 15, 2023 1:48 PM
- Cheered Re: Contribution of Equipment to LLC and Sect 179 for Anonymous_. November 15, 2023 1:48 PM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 14, 2023 9:01 AM
- Got Cheered for Re: Contribution of Equipment to LLC and Sect 179. November 14, 2023 9:01 AM
- Posted Re: Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 14, 2023 8:53 AM
- Posted Contribution of Equipment to LLC and Sect 179 on Get your taxes done using TurboTax. November 14, 2023 8:36 AM