Bonnie spent $5,000 on a new computer to use in her business. She uses the computer 35%

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Bonnie spent $5,000 on a new computer to use in her business. She uses the computer 35% for business and 65% for personal purposes. The business cost of the computer she uses to figure her allowable Section 179 deduction is?

$1,000

$1,750

$5,000

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

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

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Posted Date: Jan 18, 2024 03:08 AM

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Bonnie spent $5,000 on a new computer to use in her business. She uses the computer 35%

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Income Tax Fundamentals 2013

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