Depreciation deduction for a new specialized equipment

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Reference no: EM131306270

What is the depreciation deduction for a new specialized equipment (7-year property) costing $1,600,000. The corporation elected Section 179 expensing for this equipment but elected not to claim any bonus depreciation.

Reference no: EM131306270

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Depreciation deduction for a new specialized equipment : What is the depreciation deduction for a new specialized equipment (7-year property) costing $1,600,000. The corporation elected Section 179 expensing for this equipment but elected not to claim any bonus depreciation.

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