I am going to ask my accountant this as well but wondering if anyone has ever done this.
I am taking a section 179 deduction on an SUV over 6000 lbs that is used 95% for my sole proprietor business.
I want to take the $25k max plus only about 30% bonus depreciation an then expense the rest over five years. Am I allowed to do 30% bonus or am I required to take the full 50% ?
Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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