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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 20: Depreciation,cost Recovery,amortization,and Depletion
  5. Question
    Section 179 Allows Taxpayers to Immediately Expense Up to $25,000
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Section 179 Allows Taxpayers to Immediately Expense Up to $25,000

Question 41

Question 41

True/False

Section 179 allows taxpayers to immediately expense up to $25,000 (for 2015),subject to limitations,of the cost of real and personal property placed into service in a trade or business.

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