Which of the following assets are eligible for §179 expensing?
A) Used office machinery
B) Qualified leasehold improvements
C) A new delivery truck
D) Used office furniture
E) All of the choices are correct.

Question

Quizplus · Accepted Answer

All of the choices are correct. Section 179 allows for the expensing of certain business assets, including used or new property acquired for use in trade or business. This includes office machinery, qualified leasehold improvements, delivery trucks, and office furniture.

Which of the Following Assets Are Eligible for §179 Expensing