has heard that capital assets cannot be depreciated until they are considered "available for use." Explain the "available for use" rules for tax purposes and when the capital asset purchases in the current fiscal period would be considered available for use by the corporation to .\ A.\ The term "Available for use" generally means that the asset is ready to be used for its intended purpose. Additions to a class for asset purchases are made when the asset is purchased.\ B.\ The term "Available for use" means that the asset has been purchased and the sale has been finalized. However, additions to a class for asset purchases are made when the asset is available for its intended use.\ C.\ The term "Available for use" generally means that the asset is purchased and delivered. Additions to a class for asset purchases are made when the asset is delivered.\ D.\ The term "Available for use" generally means that the asset is ready to be used for its intended purpose, and additions to a class for asset purchases are made when the asset is available for its intended use.\