Multiple Choice
Omar acquires used 7-year personal property for $100,000 to use in his business in February 2015.Omar does not elect § 179 expensing,but does take the maximum regular cost recovery deduction.He elects not to take additional first-year depreciation.As a result,Omar will have a positive AMT adjustment in 2015 of what amount?
A) $0
B) $3,580
C) $10,710
D) $14,290
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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