Announcement

Collapse
No announcement yet.

Depreciation

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Depreciation

    MY CLIENT WANTS TO DEPRECIATE small HAND TOOLS. I ONLY DEPRECIATE BIG ITEMS. IS THIS OKAY TO DEPRECIATE HIS small TOOLS IN HIS TOOL BOX? I USE SMALL HAND TOOLS ON SCH C AS OTHER EXPENSES.

    #2
    Technically they should be depreciated but most tax preparers simply deduct them as other expenses.

    Comment


      #3
      depreciation

      I would take a 179 depreciation on them.
      ken

      Comment

      Working...
      X