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Thread: Depreciation longarm

  1. #1
    Junior Member
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    Depreciation longarm

    Does anyone know how many years a longarm should be depreciated for business / tax purposes ?
    Thanks

  2. #2
    Super Member
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    IRS PUB 946 has this information. I believe it's 7 years, but would also qualify for the Section 179 deduction.

  3. #3
    Junior Member
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    Thank you so much!

  4. #4
    Super Member Scissor Queen's Avatar
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    I would also put it at 7 year property.

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