Question: A used $ 3 5 , 0 0 0 automobile that is used 1 0 0 % for business is placed in service in 2

Aused $35,000 automobile that is used 100% for business is placed in service in 2022.If the automobilefails the 50% business usage test in the second year, no cost recovery will be recaptured.
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True
False

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