You may elect to deduct all or part of the cost of a qualifying asset in the year the asset is placed in service rather than depreciating it over several years. You may elect to deduct up to $250,000 for the tax year 2011.
After you finish your federal tax return, your information will accurately and automatically transfer into your state return. Just answer a few state specific questions, and you're done.
CompleteTax State is only $34.95 and includes: