Any CPAs in the house?

[MCPieper]

I want to have a discussion regarding a new corporate car purchase via my S-corp revenue. One web site says I can depreciate $10K in year 1 or 18k if bonus depreciation claimed. Naturally, I want the 18k but do not know the nuts and bolts of how to do it or the qualifiers.

The car will be 100% as I have 3 personal cars.

Anyone?

 

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