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Business, 17.12.2021 03:30 jevanoff

Lincoln purchases nonresidential real property costing $300,000 and places it in service in March 2020. He elects Section 179 for all qualifying assets, but elects out of bonus depreciation. What is Lincoln's 2021 depreciation on the nonresidential real property

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Lincoln purchases nonresidential real property costing $300,000 and places it in service in March 20...

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