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Author Question: A calendar-year taxpayer places in service one new piece of equipment this year on March 1. The ... (Read 108 times)

jlmhmf

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on: Sep 13, 2020

Question 1

William purchases nonresidential real property costing $300,000 and places it in service in March 2015. What is Lincoln's 2016 depreciation on the property?
◦ $6,099
◦ $7,692
◦ $8,637
◦ $10,908

Question 2

A calendar-year taxpayer places in service one new piece of equipment this year on March 1. The asset cost $600,000. For this first year, the taxpayer will base the depreciation deduction on 10 months.
◦ true
◦ false
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by jlmhmf on Sep 13, 2020

tdewitt

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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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jlmhmf

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

momolu

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

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