[tughillrunner]

there was piece in landline about genset and write off on apu for
reducing idiling of trucks any info on that
about capital improvements, as capital improvement 100 percent of the units cost the first year.,, asumming a 7,500 cost of the unit

[Fkatz]

HI AGAIN TUGHILLRUNNER,

IN REFERENCE TO THE GENSETS, I DID NOT READ THE ARTICLE IN LANDLINE MAG IN REFERENCT THE THIS.
BUT IF YOU NEED THE FULL AMOUNT AS A DEDUCTION IT CAN BE TAKEN AS A 179 DEDUCTION ON FORM 4562 DEPRECIATION. OR
YOU CAN DEPRECIATE IT OVER A PERIOD OF 5 YEARS USING MACROS. 200DB
THEN A PERCENTAGE OF IT IS USED EACH YEAR, BUT THE FIRST YEAR IT WOULD DEPEND ON THE DATE YOU PURCHASED IT. IT MUST BE INSTALLED ON YOUR TRUCK, NOT A COMPANY TRUCK THAT YOU ARE ASSIGNED TO, IT IS A DEPRECIABLE ITEM NOT A CAPTIAL IMPROVEMENT .
A CAPITAL IMPROVEMENT WOULD BE IF YOU PURCHASED A BUILDING AND HAD TO IMPROVE THE FIXTURES, WALLS OR ITEMS TO ENHANCE THE PROPERTY THEN IT IS A CAPITAL IMPROVEMENT. AND AMORTIZED OVER 5 YEARS. THE SAME PERCENTAGE EACH YEAR INSTEAD OF A 5 YEAR FLUXUATING FIGURE. ITS LIKE 20%,30,20,15,10 PERCENT OVER THE 5 YEAR PERIOD.
fRANK