On March 15, 2015, Helen purchased and placed in service a new Escalade. The purchase price was

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On March 15, 2015, Helen purchased and placed in service a new Escalade. The purchase price was $62,000, and the vehicle had a rating of 6,500 GVW. The vehicle was used 100% for business. Calculate the maximum total depreciation deduction that Helen may take with respect to the vehicle in 2015.
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South Western Federal Taxation 2016 Comprehensive

ISBN: 9781305395114

39th Edition

Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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