Posted 12/25/2024 09:59 (#11025254 - in reply to #11024636) Subject: RE: The deferred tax liability with 179 comes when...............
Western illinois
I feel your math is flawed. How can you get a dollar for dollar tax deduction on 179 farm expenses? You say spend the 400k and pay no tax? That 400k only saves you ~140k in tax. Explain.