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Author Question: Sophie owns an unincorporated manufacturing business. In 2016, she purchases and places in service ... (Read 89 times)

maychende

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on: Sep 13, 2020
Sophie owns an unincorporated manufacturing business. In 2016, she purchases and places in service $2,017,000 of qualifying five-year equipment for use in her business. the equipment does not qualify for bonus depreciation. Her taxable income from the business before any Sec. 179 deduction is $450,000. Sophie's elects to expense the maximum under Sec. 179. What is Sophie's maximum total cost recovery deduction for 2016?
◦ $403,400
◦ $450,000
◦ $754,800
◦ $797,800
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by maychende on Sep 13, 2020

Chou

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Reply #1 on: Sep 13, 2020
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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maychende

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

dawsa925

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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