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    Income Tax Fundamentals
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    Exam 8: Depreciation and Sale of Business Property
  5. Question
    If an Asset's Actual Useful Life Is Longer Than the Assigned
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If an Asset's Actual Useful Life Is Longer Than the Assigned

Question 50

Question 50

True/False

If an asset's actual useful life is longer than the assigned recovery period, the MACRS tables cannot be used.

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