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Printable Form 14157 Broken Arrow Oklahoma: What You Should Know
A line item for any property that you're depreciating. If you take an exclusion on these items, report it under line 21. If you depreciate an item, you are electing to deduct it in the year the amount you write off is claimed. If, in any year, the amount deducted is greater than the depreciation amount on the property, you are not electing to deduct it. There are a few exceptions to this rule, such as the business and certain depreciable real property. § 179A. 50,000.00; 10,000.00; 10,500.00. — All other items.
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