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Author Question: Greta, a calendar-year taxpayer, acquires 5-year tangible personal property in 2016 and places the ... (Read 85 times)

Pineappleeh

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Greta, a calendar-year taxpayer, acquires 5-year tangible personal property in 2016 and places the property in service on the following schedule:



Greta elects to expense the maximum under Sec. 179, and selects the property placed into service on November 8. The property is not eligible for bonus depreciation. Her business 's taxable income before Sec. 179 is $790,000. What is the total cost recovery deduction (depreciation and Sec. 179) for 2016?


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Marked as best answer by Pineappleeh on Sep 13, 2020

Jmfn03

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineappleeh

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

 

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