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Question on section 179 eligible
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Indianajones
Posted 12/19/2014 17:06 (#4251622 - in reply to #4251048)
Subject: RE: Question on section 179 eligible



Capital gains will be recovered as income on your taxes so you can section 179 to reduce income. You may not have a loss iafter you recover the capital gains so it will work.
Several years back when I sold my Tri-axle which was fully depreciated under 179, the sale price was added in as income.
INDY
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