singh
Level 7
07-06-2020
01:49 PM
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Can my client, California resident, take both Section 179 and also take the bonus depreciation?
He is self-employed and used his 2017 Toyota Camry for business in 2019 for the first time.. He is taking actual expense for the car. His section 179 allows $6500 and bonus depreciation is calculates to $3900.
Any help is appreciated.
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