Need to Separate Section 179 Depreciation Calculations from Bonus Depreciation
(Doc ID 2933476.1)
Last updated on OCTOBER 10, 2024
Applies to:
Oracle Fusion Assets Cloud Service - Version 11.13.22.10.0 and laterInformation in this document applies to any platform.
Goal
A company can take both Section 179 and Bonus Depreciation allowances, but Section 179 must be applied first,
and any amount over the limit to Section 179 may then be taken in bonus depreciation.
Is it feasible to separate the Section 179 Depreciation calculations from the bonus depreciation?
Solution
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In this Document
Goal |
Solution |