monicac
Level 4

If a client puts a new car into service on 12/27/20 and we take bonus depreciation the amount of depreciation is $15,405 but if they don't take bonus the depreciation amount is only $2,218.

Why if you take bonus it gives the whole amount but if you take regular it figures it at a fraction of the year?

Is there any reason why we would not want to take bonus depreciation?

 

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