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Daycare and Taxes>Calcification of 50% Bonus Depreciation Rule Expires
Jennifer91 01:54 PM 12-29-2013
Hello All, I need clarification of Bonus Depreciation Rule that expires Dec. 31. I wanted to purchase a refurbished Macbook Laptop from Apple. According to Tom's article, it must be new but my tax guy thought that a refurbished computer would still count for the bonus. Here is Tom's information from his blog:
"To be eligible for this rule the item you purchase must be new. Computers, cars, and televisions must be used at least 50% of the time in your business for them to be eligible for this rule."

Source:
http://www.tomcopelandblog.com/2013/...r-31-2013.html

Anyone know for sure? Thanks
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TomCopeland 10:48 AM 12-30-2013
Originally Posted by Jennifer91:
Hello All, I need clarification of Bonus Depreciation Rule that expires Dec. 31. I wanted to purchase a refurbished Macbook Laptop from Apple. According to Tom's article, it must be new but my tax guy thought that a refurbished computer would still count for the bonus. Here is Tom's information from his blog:
"To be eligible for this rule the item you purchase must be new. Computers, cars, and televisions must be used at least 50% of the time in your business for them to be eligible for this rule."

Source:
http://www.tomcopelandblog.com/2013/...r-31-2013.html

Anyone know for sure? Thanks
I don't think a refurbished computer meets the definition of a new (first time user) computer.
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Tags:depreciation, purchases, taxes
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