tangible property 263 items - Spidell

tangible property 263 items

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Message Board tangible property 263 items

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      William Dewberry

      Have an S corp client, in 2019 purchased 95,000 of tangible property each less than 2,500 so my option may be,
      capitalize on fed return, not elect safe harbor, take 100 % bonus, and add to UBIA; on ca elect 1.263 safe harbor and expense in full. Problems in doing so ?

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