In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad
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In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a § 179 election with respect to the computer. He does not claim any available additional first-year depreciation. If Muhammad uses the regular MACRS method, determine his cost recovery deduction for 2018 for computing taxable income and for computing his alternative minimum tax.
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Related Book For 
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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