Truck Depreciation
#11
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#12
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Join Date: Apr 2007
Location: Long gone from here
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I believe the benefits of a message board are to supplement a working knowledge/experience, share ideas, get advice, and experience camaraderie. :thumbsup:It appears that the OP was enjoying such benefits when she posed her questions. :clap:It is unfortunate that SteveBoth lacked the distinction between advice and application. :tears:
And before you reply in an expected manner, I am now out of the truck and in the office. So I get to play on here all day !!!!:thumbsup:
#13
and these questions you pose have what relevance to the posted topic? Unless you are asking about depreciating your truck at a decelerated rate because of limited use. I believe you may petition the IRS and request such.
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#14
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Join Date: Apr 2007
Location: Long gone from here
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Let's try this again.... Do you actually drive 18 wheeler for swift, or are you one of those internet wannabe pretend big rig driver ???
#15
Yes, I drive an 18 wheeler for Swift. I still don't see what the relevance to this topic that has, but then that is some what your style.
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#16
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Join Date: Apr 2007
Location: Long gone from here
Posts: 0
If you really don't drive for swift. it is no biggie.... As for relevance.... anyone who has half a mind for biz, will always contact their CPA for any tax related query's, rather than asking it on an open forum in cyberspace. :thumbsup:
#17
Board Regular
Join Date: Nov 2004
Location: Somewhere in this World
Posts: 333
Do you actually think you're a comedian, or are you one of those internet wannabe's pretending to be?
#20
It is my understanding that you can deduct 100% of the lease payment. When you buy it out you can depreciate it out based upon the IRS depreciation schedule. A friend of mine has a CPA in Oklahoma do his taxes. He specializes in small carriers and owner operators. I would see if I could find someone such as this guy to help you. If you need his phone number I would see if I can get it for you.
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