From: utzoo!decvax!duke!mcnc!jcw
Newsgroups: net.taxes
Title: Re: Deduction questions... - (nf)
Article-I.D.: mcnc.1492
Posted: Tue Jan 25 10:49:28 1983
Received: Thu Jan 27 21:02:26 1983
References: uiucdcs.1373

The IRS does require that computers be depreciated over five
years.  However, with the current state of the art, it might be
desirable to trade computers sooner than that.  If the computer
is expensed in the first year, I assume that one can dispose of
it any time thereafter.  However, one cannot continue to depreciate
what one no longer owns.  In either case, how does one treat
revenue from the sale when disposing of the computer?