Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83 based; site homxa.UUCP Path: utzoo!watmath!clyde!burl!hou3c!hocda!houxm!homxa!dys From: dys@homxa.UUCP (D.SZE) Newsgroups: net.taxes Subject: Re: They wont allow this one either Message-ID: <134@homxa.UUCP> Date: Fri, 9-Mar-84 10:21:42 EST Article-I.D.: homxa.134 Posted: Fri Mar 9 10:21:42 1984 Date-Received: Sat, 10-Mar-84 11:39:33 EST References: <278@whuxle.UUCP> Organization: AT&T Bell Labs, Holmdel NJ Lines: 13 . Regarding the investment tax credit on journals, I believe that you can only take them for items that are depreciated. If you depreciate your journals, then your deduction this year is smaller because the total is spread out over several years. I would rather write all of it off in one year and forget about the investment tax credit. David Sze Bell Communiations Research, not AT&T as the header says (we invented the transistor)