Introduction›Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
Section 179.—Election to Expense Certain Depreciable Business Assets
Internal Revenue Bulletin 2003-29 · 2026-10-03 edition · updated 2026-10-04 · United States
26 CFR 1.179-5: Time and manner of making elec- tion.
How does a taxpayer that timely filed its federal tax return for the taxable year that included September 11, 2001, claim the increased section 179 expense deduction for qualified New York Liberty Zone property, or change its selection of section 179 property for the taxable year that included September 11, 2001? See Rev. Proc. 2003-50, page 119.
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