If you own any business assets, you will need to keep track of the original basis of the assets. Generally, this means the costs of acquiring each asset. You will also need to keep track of any depreciation you have claimed over the years. You need to do this so that when you dispose of the asset, you will know whether you have a taxable gain, a loss, or a breakeven situation. The worksheet provided is designed to keep all your depreciation records in one place.
Depreciation Worksheet Description of Date Cost or Business/ Section 179 Depreciation Basis for Method- Recovery Rate or Depreciatio
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