monicac
Level 4
05-01-2021
03:43 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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?
Best Answer Click here
Labels