On April 5 , 2 0 2 3 , Kinsey places in service a new automobile that
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On April Kinsey places in service a new automobile that cost $ He does not elect expensing, and he elects not to take any available additional firstyear depreciation. The car is used for business and for personal use in each tax year. Kinsey uses the regular MACRS method of cost recovery the auto is a year asset
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South Western Federal Taxation 2017 Essentials Of Taxation Individuals And Business Entities
ISBN: 9780357109144
20th Edition
Authors: William A. Raabe, David M. Maloney, James C. Young, Annette Nellen
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