UPDATED:
Pub 946 - You cannot depreciate property disposed of in the same year it was placed into service. ANSWERED 🙂
Taxpayer placed a property into service July though November.
How can I show the property was removed from service in November to stop Depreciation for the month of December?
Best Answer Click here
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Found the answer by using The TaxBook WebLibrary - It was soooo easy to search and find the correct pub, and just as easy to search the pub for the key word that got me to the answer! Well worth the price - NATP members, it's an upgrade to your membership!
Found the answer by using The TaxBook WebLibrary - It was soooo easy to search and find the correct pub, and just as easy to search the pub for the key word that got me to the answer! Well worth the price - NATP members, it's an upgrade to your membership!
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