Do you want to stay logged in?

Message Board

De Minimus Safe Harbor Repair Regs

December 19, 2016 • Don Baker • Log In to Post Comments

Does the $2,500 Safe Harbor amount, for taxpayers without an AFS, apply to each individual item purchased, or is it $2,500 per year.  The Spidell Cal/Fed seminar manual (p. 4-39) says No Limit, so I assume that means it is on a per item basis, not per business or per year?


It is per item.


Send To A Friend