On February 2, 2014, Alexandra purchases a personal computer for her home. The computer cost $3,000. Alexandra

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On February 2, 2014, Alexandra purchases a personal computer for her home. The computer cost $3,000. Alexandra uses the computer 80 percent of the time in her accounting business, and the remaining 20 percent of the time for various personal uses. Calculate Alexandra’s maximum depreciation deduction for 2014 for the computer, assuming half-year convention and she does not make the election to expense. $ __________________
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Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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