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sam-saba
Level 4
March 9, 2020
Question

HOW DO YOU ELECT OUT OF BONUS DEPRECIATION ?

  • March 9, 2020
  • 5 replies
  • 21 views
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5 replies

IRonMaN
IRonMaN
Level 15
March 9, 2020

There is box to check on the asset entry worksheet to accomplish that mission.

Slava Ukraini!
    sam-sabaAuthor
    Level 4
    March 9, 2020

    Thank you very much 

      IRonMaN
      IRonMaN
      Level 15
      March 9, 2020

      You betcha!

      Slava Ukraini!
        jnncpa1
        Level 2
        March 9, 2020

        You also need to attach an election to your return.    Look for "IRC Elections" under the forms menu.

        IRonMaN
        IRonMaN
        Level 15
        March 9, 2020

        The election will print automatically.

        Slava Ukraini!
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