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Business, 20.12.2019 05:31 flelea

Ataxpayer places a $50,000 5-year recovery period asset in service in 2018. this is the only asset placed in service in 2018. assuming half-year convention, no bonus depreciation, an election to expense under section 179, and taxable income after all deductions except section 179 of $5,000, what is the amount of section 179 immediate expensing?

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Ataxpayer places a $50,000 5-year recovery period asset in service in 2018. this is the only asset p...
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