Multiple Choice
Fariq purchases and places in service in 2019 personal property costing $2,571,000.The taxpayer plans to apply the Sec.179 deduction,but not bonus depreciation.What is the maximum Sec.179 deduction that Fariq can deduct,ignoring any taxable income limitation?
A) $2,550,000
B) $0
C) $999,000
D) $1,020,000
Correct Answer:
Verified
Correct Answer:
Verified
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