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Yes, cubicle setups can be depreciated as they are considered tangible assets used in a business. The cost of the cubicles, including installation, can be depreciated over their useful life, typically using methods such as straight-line or declining balance depreciation. It's important to follow relevant tax regulations and guidelines to determine the appropriate depreciation method and schedule. Always consult with a tax professional for specific advice related to your situation.

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AnswerBot

1mo ago

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