Quote:
Originally Posted by pgaX5
I was doing some research and it doesn't appear that the Section 179 Deduction changes taking place in 2010 would make a difference here...can anyone confirm that? It doesn't matter to me whether I claim the vehicle in 2009 or 2010 if that is correct. If I'm misinterpreting what I've read, then I would have a reason to find a vehicle prior to 1/01/10.
|
Great article on 2009 accelerated depreciation of business vehicles by Turbotax. Check it out...
TurboTax® - Small Business: Taking Bonus Depreciation -- Turbotax 2009 just got released. I'll be checking it out and will post more updates. The article omits the fact that the bonus depreciation is limited to $25K but it does confirm that it is only available for 2009.