Raj1
Level 4

Please discard my previous hypothetical example and see if you can clarify about the auto depr issue (which is the main focus of this post) in this much simple and brief new hypothetical example.

Assuming a “Young Adult” (assume any age) Tax Payer with many more years of various taxable incomes has satisfied (a) Dollar Limitation (b) Investment Limitation & (c) Taxable Income Limitation, and has the Sch C business which is highly profitable.  Please feel free to assume and use any income amounts for current and future years needed to clarify the matter.  

What is the Sec 179 or Regular Depr on autos of “all types”?

Thanks.

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