Posted by Larry Zaidan on April 28, 2002 at 19:01:31:
In Reply to: Tubas- Are they Tax Deductible? posted by Broke Tuba Player on April 28, 2002 at 11:31:50:
Be careful, depreciation is technically the value LOST over a period of time. If you try to depreciate a tuba (say, over 5 years), at the end of that period of time, the horn really hasn't lost much value. Unlike a computer, which really has no value at the end of 5 years, a tuba doesn't depreciate very much.