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Taxpayer has a new piece of equipment for his business. Relevant dates are listed below. When should depreciation start? Purchased on 8/31/1 Delivered on 12/1/X1
Taxpayer has a new piece of equipment for his business. Relevant dates are listed below. When should depreciation start? Purchased on 8/31/1 Delivered on 12/1/X1 Assembled and started to use 1/15/X2 What is the current percentage for additional first year depreciation (i.e. bonus depreciation)
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