What is tax depreciation rate?

If I have $20,000 of depreciation and paid $20,000 for utility services. I have a 60% rate for income tax...what is the after-tax effects on cash

  • Answer:

    People that file depreciation usually have more trouble than its worth. Speak with a CPA in order to do this properly.

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People that file depreciation usually have more trouble than its worth. Speak with a CPA in order to do this properly.

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