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Gracie · 12-24-2004, 05:51 PM

Equipment isn't 100% deductible in the year it is bought. Only the portion that is depreciated is deductible. Equipment is depreciated over a number of years...it is not all deducted in one year.

12-24-2004, 05:51 PM	#7 (permalink)
Gracie Registered User iTrader: 0 / 0% Join Date: Nov 2001 Posts: 2,243	Equipment isn't 100% deductible in the year it is bought. Only the portion that is depreciated is deductible. Equipment is depreciated over a number of years...it is not all deducted in one year.