When is a dishwasher considered placed in service for depreciation purposes?

For depreciation purposes, a dishwasher is considered placed in service when it is installed and ready for use. This is a key aspect in determining the start of the depreciation period for the asset. The IRS defines the "placed in service" date as when the asset is available for the taxpayer's use, meaning that all necessary actions must be completed for the asset to be used as intended.

Delivery alone does not meet the criteria because the asset may still be in a condition that prevents its use, such as needing installation. Similarly, merely purchasing the appliance or making payment does not by itself signify that the dishwasher is ready for operational use. The installation is crucial, as it often involves setting up connections, ensuring functionality, and confirming that the dishwasher operates correctly.

Thus, the definitive point for depreciation begins only when the appliance is ready for its intended use, affirming that the correct choice is when the dishwasher is installed and operational.