Nancy purchased new business computers (5-year property) in January for a total of $1,300,000. She plans...

 

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Nancy purchased new business computers (5-year property) in January for a total of $1,300,000. She plans to take advantage of §179 expensing and MACRS depreciation (but not first year additional depreciation). What is the total amount of her depreciation deduction? Nancy purchased new business computers (5-year property) in January for a total of $1,300,000. She plans to take advantage of §179 expensing and MACRS depreciation (but not first year additional depreciation). What is the total amount of her depreciation deduction?

Answer rating: 100% (QA)

To calculate Nancys total depreciation deduction we need to first calculate the 179 expensing deduct... View the full answer