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IRS Publication 587, Business Furniture and Equipment


   

This section discusses the depreciation and section 179 deductions you may be entitled to take for furniture and equipment you use in your home for business or work as an employee. These deductions are available whether or not you qualify to deduct expenses for the business use of your home.

This section explains the different rules for each of the following.

  1. Listed Property

  2. Property Bought for Business Use

  3. Personal Property Converted to Business Use

 

Information courtesy of the Internal Revenue Service.

 

 

 

 

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