You may have to recapture the section 179 deduction if, in any year during the property's recovery period, the percentage of business use drops to 50% or less. In the year the business use drops to 50% or less, you include the recapture amount as ordinary income in Part IV of Form 4797.ou elect to take the section 179 deduction by completing Part I of Form 4562. If you elect the deduction for listed property (described in chapter 5), complete Part V of Form 4562 before completing Part I. For property placed in service in 2014, file Form 4562 with either of the following.
Happy First Day of Summer! Summer solstice is the longest day of the year. This doesn't mean our day has more than 24 hours in it - we just have more sunlight than any other day. On the summer solstice we get between 15 and 20 hours of sunlight, depending on where you're located in the world.
Summer and Winter Solstice. The summer solstice occurs once a year in December when the Sun's track across the Australian sky reaches its highest point. It is the day that has the most daylight hours of any in the year.The summer solstice usually occurs on 21 December, but can occur between 20 and 22 December.The winter solstice is the day of the year that has the least daylight hours of any in the year and usually occurs on 21 June but can occur between 20 and 22 June.s a result, the earliest sunrise occurs before the date of the summer solstice, and the latest sunset happens after the summer solstice. For the same reasons, around the winter solstice, the time of sunrise continues to get later in the days after the solstice.