Question: Which statement is true about Section 1 7 9 Expense? Group of answer choices Section 1 7 9 allows a business to expense ( fully
Which statement is true about Section Expense?
Group of answer choices
Section allows a business to expense fully deduct the cost of personalty placed into service during a year up to certain limits as long as the total amount of personalty placed into service is below a different, higher limit
Section allows any taxpayer to deduct the cost of personalty purchased during the year, up to certain limits
Section requires that rental real estate be depreciated over years
Section cannot be used in the same year that bonus depreciation is used
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