PhoebeRoberts
Level 9
Level 9

Both bonus and 179 are depreciation for calculating the ordinary gain on disposition, but if they're in an entity, the K-1 presentation is different. 

You can elect 179 dollar by dollar, but bonus is all or nothing by depreciable life (all your 5-year property). 

The bonus depreciation rules and planning techniques changed this last year, so worth getting some continuing education on.

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