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Author Question: Enrico is a self-employed electrician. In May of the current year, Enrico acquired a used van ... (Read 120 times)

mcmcdaniel

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Question 1

Enrico is a self-employed electrician.  In May of the current year, Enrico acquired a used van (5-year property) for $12,000. He used the van 80% for business and 20% for personal purposes. Enrico does not take any Sec. 179 deduction. The maximum depreciation deduction for is
◦ $1,200.
◦ $2,400.
◦ $6,720.
◦ $1,920.

Question 2

Enrico is a self-employed electrician.  In May of the current year, Enrico acquired a used van (5-year property) for $12,000. He used the van 30% for business.  The maximum depreciation deduction for is
◦ $360.
◦ $720.
◦ $2,400.
◦ $1,980.


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Marked as best answer by mcmcdaniel on Sep 13, 2020

jrpg123456

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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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mcmcdaniel

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Reply 2 on: Sep 13, 2020
Excellent


olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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