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To de-minimus or not to de-minimus?

ohio_bryceohio_bryce Member Posts: 14

Quick question!

Scenario

  • I recently bought a coffee shop and a tanning salon
  • I'll be filing on a Schedule C
  • I have about multiple expenses (about $5,000 total) that qualify for the De-minimus Safe Harbor
  • I adopted 3 kids and have a few more years of adoption credit carryforwards. 

I'm considering NOT expensing so I can use more of the adoption credits. (The adoption credits are enough that I'll likely have trouble using them all.)

What thoughts do you all have on this?

Thanks!
Bryce

edited December 3, 2021 in Accounting Technical Support
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