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Last Updated: 1/25/2018

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Individual Income Tax

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Individual Income Tax > Tax Information > Additions: Section 179 expensing

  • I am a sole proprietor. Is there an addback if I expensed a $12,000 item that I bought for my business?Back to top

    Not if the total of your expensed items is less than $25,000 and your total equipment purchases were less than $200,000.