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Townfarmer

Posted 12/24/2024 13:15 (#11024185 - in reply to #11024167)
Subject: RE: Balance Sheet-What's the point?what is this 179?

why was he concerned, I assume you used regular depreciation instead. !79 is an elective. The danger is you have not enough income to use the depreciation against. The the IRS dont care if you used it or not calculating recapture when you sell the asset when you retire in 2 years.

Balance Sheet-What's the point? - KevinM : 12/24/2024 10:33
- RE: Balance Sheet-What's the point? - DCH : 12/24/2024 10:44
  - RE: Balance Sheet-What's the point? - Cornstalk1 : 12/24/2024 10:51
    - RE: Balance Sheet-What's the point? - Brandon SWIA : 12/24/2024 11:06
    - RE: Balance Sheet-What's the point? - Big Ben : 12/24/2024 13:35
  - RE: Balance Sheet-What's the point? - Mbmaring : 12/24/2024 12:35
- RE: Balance Sheet-What's the point? - Cornstalk1 : 12/24/2024 10:45
- RE: Balance Sheet-What's the point? - Shimmy1 : 12/24/2024 11:39
  - RE: Balance Sheet-What's the point? - Little papa : 12/24/2024 12:16
    - RE: Balance Sheet-What's the point? - DCH : 12/24/2024 12:28
- RE: Balance Sheet-What's the point? - Fetv : 12/24/2024 12:24
  - RE: Balance Sheet-What's the point?what is this 179? - garvo : 12/24/2024 13:03
    - RE: Balance Sheet-What's the point?what is this 179? - Townfarmer : 12/24/2024 13:15
      - The deferred tax liability with 179 comes when............... - thekcirp : 12/24/2024 14:44
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 14:52
        
        RE: The deferred tax liability with 179 comes when............... - ks_cover_crop : 12/24/2024 15:12
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 16:17
        
        RE: The deferred tax liability with 179 comes when............... - ricefarmer14 : 12/24/2024 19:05
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 19:21
        RE: The deferred tax liability with 179 comes when............... - Boone & Crockett : 12/24/2024 19:21
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 19:31
        
        RE: The deferred tax liability with 179 comes when............... - Boone & Crockett : 12/24/2024 19:36
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 19:43
        
        RE: The deferred tax liability with 179 comes when............... - Boone & Crockett : 12/24/2024 19:51
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 20:21
        
        RE: The deferred tax liability with 179 comes when............... - Boone & Crockett : 12/24/2024 21:23
        
        RE: The deferred tax liability with 179 comes when............... - coup : 12/24/2024 22:37
        
        RE: The deferred tax liability with 179 comes when............... - Tank2516 : 12/25/2024 00:50
        RE: The deferred tax liability with 179 comes when............... - Boone & Crockett : 12/25/2024 04:23
        
        RE: The deferred tax liability with 179 comes when............... - ricefarmer14 : 12/25/2024 09:28
        RE: The deferred tax liability with 179 comes when............... - IN555 : 12/25/2024 10:27
        
        RE: The deferred tax liability with 179 comes when............... - brownaugj : 12/24/2024 20:59
        
        RE: The deferred tax liability with 179 comes when............... - packerfan : 12/25/2024 09:59
        
        RE: The deferred tax liability with 179 comes when............... - Tank2516 : 12/25/2024 10:36
        
        RE: The deferred tax liability with 179 comes when............... - mikado : 12/24/2024 15:22
        RE: The deferred tax liability with 179 comes when............... - Morningdew : 12/24/2024 15:27
        
        RE: The deferred tax liability with 179 comes when............... - Little papa : 12/24/2024 15:34
        
        RE: The deferred tax liability with 179 comes when............... - Morningdew : 12/24/2024 16:16
        
        RE: The deferred tax liability with 179 comes when............... - Border : 12/24/2024 15:35

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