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An income deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescenc…

An income deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescenc…
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An income deduction that allows a taxpayer to recover the cost or other basis of certain property. It is an annual allowance for the wear and tear, deterioration, or obsolescence of the property

asked
User Mikejd
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8.2k points

1 Answer

3 votes

Answer:

Depreciation is your answer

answered
User DuoSRX
by
8.2k points
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