Tax Guru-Ker$tetter Letter
Thursday, June 02, 2005
Q:
Subject: Section 179 expensing
I find your blog to be very informative.Would you please explain to me how a C corp is able to deduct its own 179 expenses in addition to what is claimed on the 1040s of the owners?Your response would be most appreciated.
A:
This is covered in my article on the differences between C and S corps:
http://taxguru.org/corps/scorp.htmKerry Kerstetter
Labels: 179
