ddh2020
Level 3
12-07-2019
03:50 AM
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thank you all for your responses. I am depreciating 2 trucks using the SL method for a period of 5 years. Trucks were purchased in September 2018. The trucks cost basis is $46k each, weight is 17lbs each. Proseries is calculating $9200 total depreciation for this year. I understand now how i will be double dipping, i would like to make sure I'm computing depreciation correctly.
Yes it is a single member LLC.
I will ask him about fuel, he didnt mention anything else.
thanks
Yes it is a single member LLC.
I will ask him about fuel, he didnt mention anything else.
thanks