TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Sec 179 for 2 Cars

March 30, 2011

Today TaxMama hears from Pam in the TaxQuips Forum, with a good question. “1 purchased 1 new vehicle in 2010 that is used for both of my businesses (Sch C). How do I allocate the new vehicle Sec 179 deprecation expense to both businesses?â€



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