Question: What is the maximum potential depreciation deduction for 2018 for a passenger automobile placed in service beginning January 1 with 80% business use, including bonus
What is the maximum potential depreciation deduction for 2018 for a passenger automobile placed in service beginning January 1 with 80% business use, including bonus depreciation?
$13,120 $14,400 $16,400 $18,000
. Aamir bought a local artist's painting for $3,200. Several years later, Aamir sold it for $4,600. The year Aamir sold the painting, he was in the 22% tax bracket. Aamir's gain on the picture was taxed at _____ 12% 22% 24% 28%
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