Multiple Choice
On October 12, 2018, Wilson Corporation (a calendar-year taxpayer) acquires 5-year property for $9,000. This is the only property acquired this year and neither Section 179 expensing nor bonus depreciation were claimed. What is Wilson's total depreciation deduction for 2018?
A) $1,800
B) $1,350
C) $900
D) $450
Correct Answer:
Verified
Correct Answer:
Verified
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