Form 4562 allows you to depreciation the cost of properties used in your business over the course of their lives in your business and to amortize.

If qualified, you could also claim Section 179 expense to deduct the full cost of a depreciable item in the year you started to use it in your business. You could amortize the cost of starting your business. You amortize over a certain number of years and deduct the same amount every year.

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