Tweet
I bought a car new in 2011 i read on your web page Its a big deal about different things you can write off in 2011 and you listed a car. I paid cash for it. It is a 2011 I wondered if I should use this rule? I also bought a fridge new 2011 and a digital camera in 2011.. All these items quailfy?
-
-
100% bonus rule
Any item you bought new in 2011 can use the 100% bonus depreciation rule, except for home improvements and the home. When using the car, you won't be able to depreciate the entire cost of the car, because there are some limitations on how much depreciation you can claim each year, even though you are using the 100% rule.
Comment