Tax Guru – Ker$tetter Letter

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Sec 179 New Or Used

Posted by taxguru on February 5, 2006

Q:

Subject: section 179
 
i am very confused on section 179. does the purchase have to be on NEW or can USED equipment qualify?

A:

It just has to be new to you.  It’s all explained on my website.

Kerry Kerstetter

 

This entry was posted on February 5, 2006 at 1:59 PM and is filed under 179. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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