USA Section 179 Depreciation Deduction for Non-Profit Organizations


Joined
May 28, 2020
Messages
2
Reaction score
0
Country
United States
Is it relevant for non-profit to consider section 179 depreciation deduction in decision making to buy an asset? If the deduction amount is higher than income in the year of purchase then the deduction can be carried forward and set off against profits in the following years when available.

However, I believe since the income is not taxable in case of non-profits it doesn't matter if section 179 is availed of or not. Any thoughts?
 
Ad

Advertisements

Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA Section 179 accounting? 2
USA section 179 depreciation 1
Section 179 deductions 1
Section 179 deductions 0
section 179 deduction 0
USA Section 179 deduction 1
USA Section 179 deduction 0
SBA for non-profit organizations 9

Top