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December 7, 2019
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WHAT TYPE OF ASSET WOULD RESTAURANT TABLES AND CHAIRS BE CONSIDERED?

  • December 7, 2019
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Best answer by TaxGuyBill

If they qualify for and actually make the De Minimis election, you may consider that and just deduct them.

Otherwise, restaurant assets are code "Q", "Distributive Trades and Services".

1 reply

December 7, 2019

If they qualify for and actually make the De Minimis election, you may consider that and just deduct them.

Otherwise, restaurant assets are code "Q", "Distributive Trades and Services".