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    Taxation of Individuals
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    Exam 10: Property Acquisition and Cost Recovery
  5. Question
    The §179 Immediate Expensing Election Phases Out Based Upon the Amount
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The §179 Immediate Expensing Election Phases Out Based Upon the Amount

Question 50

Question 50

True/False

The §179 immediate expensing election phases out based upon the amount of tangible personal property a taxpayer places in service during the year.

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