Essay
Boxer LLC has acquired various types of assets recently used 100 percent in its trade or business. Below is a list of assets acquired during 2018 and 2019:
Boxer did not elect §179 expense and elected out of bonus depreciation in 2018, but would like to take advantage of the §179 expense and bonus depreciation for 2019 (assume that taxable income is sufficient). Calculate Boxer's maximum depreciation deduction for 2019. (Use MACRS Table 1, MACRS Table 5, and Exhibit 10-10. )(Round final answer to the nearest whole number.)
Correct Answer:

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$249,627.
§179 allows expensing of all t...View Answer
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Correct Answer:
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§179 allows expensing of all t...
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