Discussion:E&P and Section 179

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

Jump to: navigation, search

Discussion Forum Index --> Tax Questions --> E&P and Section 179

Chase (talk|edits) said:

19 June 2007
For E&P purposes, when a C Corp converts to an S Corp, and the C Corp has only been in existence for Year 1, is 100% of the Section 179 added back or only the 80% related to the Year 1 20% 179 allowed? Thank you.

To join in on this discussion, you must first log in.
Personal tools