[Mika]

We all understand the expense maximum is up to $25,000 and phase out begins at $200,000.

Say if i have $30,000 worth of assets (MACRS 3 years) that I can enjoy Section 179 deduction this year and I can expense the $25,000 straight away. What about the rest ($5,000)? Can I carryover to next year OR use MACRS depreciation in current year?

Thanks!

REG - 80 (02/13/2015) Roger + Ninja Flash Card + Ninja MCQ + Becker's Note
FAR - 84 (05/29/2015) Roger + Ninja MCQ + Some Wiley book questions
BEC - 77 (08/27/2015) Roger + Ninja MCQ + Half Wiley book questions
AUD - 87 (08/28/2015) Roger + Ninja MCQ + Half Wiley book questions

[Anonymous]

You can do either. With the amounts changing every year, it can make planning a little difficult.

[Author]

Replies