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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 8: Depreciation, cost Recovery, amortization, and Depletion
  5. Question
    The § 179 Deduction Can Exceed $500,000 in 2015 If
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The § 179 Deduction Can Exceed $500,000 in 2015 If

Question 87

Question 87

True/False

The § 179 deduction can exceed $500,000 in 2015 if the taxpayer had a § 179 amount which exceeded the taxable income limitation in the prior year.

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