David purchased a passenger car for $53,000. He placed it into service on May 18. 2022. 55%

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David purchased a passenger car for $53,000. He placed it into service on May 18. 2022. 55% of the miles driven in 2022 were for business. Assuming that David dops out of the special depreciation, what is David's maximum depreciation for 2022.

A, $6,160

B, $10,700

C, $11,200

D, $19,200

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: Jul 12, 2022 02:52 PM

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David purchased a passenger car for $53,000. He placed it into service on May 18. 2022. 55%

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ANS WER D 19 200 EX PL AN ATION ... View the full answer

Income Tax Fundamentals 2013

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