Business, 30.10.2020 17:00 TrueKing184
Song Company, a calendar year taxpayer, purchased a total of $2,474,400 tangible personalty in 2020. How much of this cost can Song elect to expense under Section 179?
a. -0-
b. $139,000
c. $54,400
d. none of above
Answers: 2
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Song Company, a calendar year taxpayer, purchased a total of $2,474,400 tangible personalty in 2020....
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