Andre acquired a computer on March 3, 2021, for $2,800. He elects the straight-line method for cost
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Andre acquired a computer on March 3, 2021, for $2,800. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under § 179. He does not claim any available additional first-year depreciation. Calculate Andre’s cost recovery deduction for the computer for tax years 2021 and 2022.
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Related Book For
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
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