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Mar 5, 2024 4:37 PM UTC
Question

Rev Proc 2019-13, SDA on Autos

I have three autos on Form 1040 Schedule C that claimed bonus depreciation last year. The calculated current year depreciation expense is zero for all three cars. Is there a box that has to be checked to elect the safe harbor under Rev Proc 2019-13? 

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Mar 5, 2024 5:25 PM UTC

No box to check.

What was the business percentage last year?

What is the business percentage this year?

Was the vehicle under 6000 pounds?

Was ANY Section 179 claimed?