Luxury Automobile Depreciation
Which screen would I claim 100% bonus depreciation on for luxury automobiles. It is a flat dollar amount. For example, $18k for first year and $16k for second year.
Which screen would I claim 100% bonus depreciation on for luxury automobiles. It is a flat dollar amount. For example, $18k for first year and $16k for second year.
where on form 4562? Is it under special allowance? If I enter an amount for example, $16,000 it does not show up when I check my return
Where you are entering the depreciation > Click details > see the picture that is hopefully worth 1,000 words.

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