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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 26: Depreciation, cost Recovery, amortization, and Depletion
  5. Question
    Kenrick Is an Employee of the Theta Corp
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Kenrick Is an Employee of the Theta Corp

Question 35

Question 35

True/False

Kenrick is an employee of the Theta Corp.sales department.He uses his automobile 75% for making sales calls.He can deduct depreciation on his auto by reporting on Form 4562 (Depreciation and Amortization).

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