Congress enacted provisions in the tax law that permitted 50% bonus depreciation in 2013 for certain assets.

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Congress enacted provisions in the tax law that permitted 50% bonus depreciation in 2013 for certain assets.
a. What types of assets qualified for 50% bonus depreciation?
b. How does bonus depreciation interface with Sec. 179 first-year expensing?

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Federal Taxation 2014 Comprehensive

ISBN: 9780133438598

27th Edition

Authors: Timothy J. Rupert, Thomas R. Pope, Kenneth E. Anderson

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Question Posted: Dec 27, 2016 12:11 AM

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Congress enacted provisions in the tax law that permitted 50% bonus depreciation in 2013 for certain assets.

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a Qualified property for bonus depreciation includ...View the full answer

Federal Taxation 2014 Comprehensive

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