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April 14, 2023
Question

Do I expense or capital cost replacing an electrical panel that used fuses with a new panel of the same total capacity that uses circuit breakers?

  • April 14, 2023
  • 1 reply
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Cost of new panel had equipment portion and electrician's labour portion.

    1 reply

    TurboTaxSusan
    April 17, 2023

    Circuit breakers protect against power overloads and short-circuiting, while fuse only protect against overloads, so a circuit breaker panel, as an improvement, would be considered a capital cost.