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Author Question: For real property placed in service after 1986, depreciation under the MACRS system is calculated using the (Read 37 times)

Jramos095

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Question 1

Fariq purchases and places in service in 2016 personal property costing $2,031,000. The property does not qualify for bonus depreciation. What is the maximum Sec. 179 deduction that Fariq can deduct, ignoring any taxable income limitation?
◦ $500,000
◦ $0
◦ $479,000
◦ $469,000

Question 2

For real property placed in service after 1986, depreciation under the MACRS system is calculated using the
◦ straight-line method and a half-year convention in the year of acquisition and in the year of disposition.
◦ straight-line method and a mid-month convention in the year of acquisition and in the year of disposition.
◦ 200% DB method and a mid-month convention in the year of acquisition and in the year of disposition.
◦ 200% DB method and a half-year convention in the year of acquisition and in the year of disposition.


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Marked as best answer by Jramos095 on Sep 13, 2020

shailee

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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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Jramos095

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Reply 2 on: Sep 13, 2020
Gracias!


JCABRERA33

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

 

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