
Originally Posted by
Saroro
You can't depreciate within a year anyway. Depreciation is only for items that will continue to have value and be used to make money over several fiscal years. IE: a truck, a trailer, etc... If it is used within a year, then it is a consumable, and can be fully deducted.
(Taking accounting for work. Still learning, but willing to help.)
Multi-year depreciation is mostly aimed at large corporations who reach maximum deduction amounts based on their large scale. It's all about maximum benefit based on capital improvements.
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