Question: Which statement below is incorrect about the 1 7 9 deduction? a . The 1 7 9 deduction is allowed even if there is a

Which statement below is incorrect about the 179 deduction?
a. The 179 deduction is allowed even if there is a loss.
b. The 179 deduction may be reduced based on total purchases.
c. Real property is generally not eligible for the 179 deduction.
d. Corporations may elect to take the 179 deduction.

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