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Depreciating tile drainage

October 19, 2014  By Dennis Pennington/Michigan State University Extension

Oct. 18, 2014, Michigan – Increased interest in tile drainage for agricultural fields raises tax questions.

As Dennis Pennington of the Michigan State University Extension explains:

“Repairs to existing tile drains are considered cash expenses and can be deducted 100 percent in the year they occur. However, installation of new tile drainage is a capital improvement subject to depreciation.”

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