George4Tacks
Level 15
12-06-2019
08:18 PM
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IRC 179 has to pass two hurdles - One at the Partnership level, then a second at the individual level.
As stated, bonus has no hurdle.
As an aside, taking the loss, you lose the 199A deduction. Also consider changes in NOL treatment.
UGH! This is going to be an ugly year.
Answers are easy. Questions are hard!
As stated, bonus has no hurdle.
As an aside, taking the loss, you lose the 199A deduction. Also consider changes in NOL treatment.
UGH! This is going to be an ugly year.
Answers are easy. Questions are hard!