Which is the depreciable book basis for an auto if you take the Special Depreciation Allowance? For book purposes is it the depreciation before or after the Special Allowance?
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It depends on how you/the client does their 'books'. There isn't necessarily a right or wrong answer, as long as it is consistent.
If their 'book' accounting uses the same methods as their tax accounting, then do it just like the tax return. In other words, if the Special Depreciation Allowance is on the tax return, it would also be on the books that way.
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