Question: In this case assume that the taxpayer does NOT elect to use section 179 or bonus depreciation. How do you calculate : The taxpayer purchases

In this case assume that the taxpayer does NOT elect to use section 179 or bonus depreciation. How do you calculate :

  1. The taxpayer purchases business computer equipment for $7,500 on March 12, 2018. How much is the tax depreciation on the computer for 2018?
  2. The taxpayer acquires office furniture for $21,000 on June 25, 2018. How much is the tax depreciation expense on the office furniture for 2019?

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