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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 8: Depreciation, Cost Recovery, Amortization, and Depletion
  5. Question
    The § 179 Deduction Can Exceed $1,020,000 in 2019 If
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The § 179 Deduction Can Exceed $1,020,000 in 2019 If

Question 84

Question 84

True/False

The § 179 deduction can exceed $1,020,000 in 2019 if the taxpayer had a § 179 amount that exceeded the taxable income limitation in the prior year.

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