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Level 1
July 11, 2020
Question

Are you able to use Section 179 Depreciation deduction if your business had a loss in 2019?

  • July 11, 2020
  • 1 reply
  • 9 views
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1 reply

sjrcpa
Level 15
July 11, 2020

You can claim the expense, but it may get carried over to future years.

The more I know the more I don’t know.