IRonMaN
Level 15
12-07-2019
06:57 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Why are you thinking that the depreciation wouldn't be an expense offsetting ordinary income? You don't say what type of entity you are dealing with, but equipment rental goes on schedule C, not E if we are talking about a 1040 return.
Slava Ukraini!