Business, 23.07.2019 03:10 thechocolatblanc

Ataxpayer purchased and placed in service during the year a $100,000 piece of equipment. the equipment is 7-year property. the first-year depreciation for 7-year property is 14.29%. assume that there is an allowable sec. 179 limit in the current year of $25,000. what amount is the maximum allowable depreciation

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Ataxpayer purchased and placed in service during the year a $100,000 piece of equipment. the equipme...