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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
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- Where is the election to not take special depreciation?
Where is the election to not take special depreciation?
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Vickie1
Level 1
07-13-2021
10:48 AM
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I had put it in, but decided it did not apply. I took out the special depreciation, but still get the election
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George4Tacks
Level 15
07-13-2021
12:18 PM
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https://www.irs.gov/newsroom/additional-first-year-depreciation-deduction-bonus-faq
Answers are easy. Questions are hard!
