Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Additional special depreciation
Additional special depreciation
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
11Buster
Level 4
09-28-2021
05:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Can an company take the additional 100% first year special depreciation when purchasing an orchard that already is already nut producing, or is it based on the subsequent-to-purchase cost(s) of planing and grafting future crops?
Labels
1 Comment 1
qbteachmt
Level 15
09-28-2021
05:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You've got three topics running today, just on depreciation, but under the section for using Lacerte. Not under Tax Talk. Perhaps it would help to pick up some online or self-study courses and make reference to IRS materials on Depreciation, so that you can study it in depth as applicable to the clients for whom you are working:
https://www.irs.gov/publications/p225#en_US_2020_publink1000218075
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
