MOSS ADAMS
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tion begins to phase out once total depreciable assets
purchased during the year exceed $2 million, and it
decreases dollar-for-dollar above that threshold. The
deduction is scheduled to revert to $25,000 for 2014
and thereafter, and the in-service limitation is scheduled to decrease to $200,000.
• In 2013, certain real property can qualify for the Section 179 expense deduction of up to $250,000 of the
$500,000 limit. This will expire in 2014. These rules are
complex and should be carefully reviewed with your tax
advisor.
Bonus Depreciation for Qualifying Purchases
• For qualified assets acquired and placed in service during 2013,