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    Taxation of Individuals
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    Exam 10: Property Acquisition and Cost Recovery
  5. Question
    Property Expensed Under the §179 Immediate Expensing Election Is Not
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Property Expensed Under the §179 Immediate Expensing Election Is Not

Question 56

Question 56

True/False

Property expensed under the §179 immediate expensing election is not included in the 40 percent test to determine whether the mid-quarter convention must be used.

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