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Cate Purchases and Places in Service Property Costing $150,000 in 2015.She

Question 71

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Cate purchases and places in service property costing $150,000 in 2015.She wants to elect the maximum Sec.179 deduction allowed.Her business income is $20,000.What is the amount of her allowable Sec.179 deduction and carryover,if any?


A) Cate purchases and places in service property costing $150,000 in 2015.She wants to elect the maximum Sec.179 deduction allowed.Her business income is $20,000.What is the amount of her allowable Sec.179 deduction and carryover,if any? A) B) C) D)
B) Cate purchases and places in service property costing $150,000 in 2015.She wants to elect the maximum Sec.179 deduction allowed.Her business income is $20,000.What is the amount of her allowable Sec.179 deduction and carryover,if any? A) B) C) D)
C) Cate purchases and places in service property costing $150,000 in 2015.She wants to elect the maximum Sec.179 deduction allowed.Her business income is $20,000.What is the amount of her allowable Sec.179 deduction and carryover,if any? A) B) C) D)
D) Cate purchases and places in service property costing $150,000 in 2015.She wants to elect the maximum Sec.179 deduction allowed.Her business income is $20,000.What is the amount of her allowable Sec.179 deduction and carryover,if any? A) B) C) D)

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