In February 2022, Kristine acquired a new car costing $82,000. She used the car 80% in...
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In February 2022, Kristine acquired a new car costing $82,000. She used the car 80% in her sole proprietorship. Assuming Sec. 179 is not elected, Kristine's maximum depreciation deduction allowable for the car will be In February 2022, Kristine acquired a new car costing $82,000. She used the car 80% in her sole proprietorship. Assuming Sec. 179 is not elected, Kristine's maximum depreciation deduction allowable for the car will be
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In contrast to using a standard depreciation method Sect... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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