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?
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?
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