In June of this year, Chase purchases a new car for $40,000. He uses the car 75
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In June of this year, Chase purchases a new car for $40,000. He uses the car 75 percent for business purposes. What is Chase's maximum depreciation deduction for the car this year?
Related Book For
South Western Federal Taxation 2015 Essentials of Taxation Individuals and Business Entities
ISBN: 9781285438290
18th edition
Authors: James Smith, William Raabe, David Maloney, James Young
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