A taxpayer has a cellular telephone, used 45 percent for business and 55 percent for personal use.
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A taxpayer has a cellular telephone, used 45 percent for business and 55 percent for personal use. Is the MACRS depreciation method allowable?
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Yes the Modified Accelerated Cost Recovery System MACRS allows for the depreciatio...View the full answer
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Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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