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    Business
  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 7: Accounting Periods and Methods and Depreciation
  5. Question
    Bonus Depreciation in 2016 Permits Taxpayers to Deduct 100% of the Cost
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Bonus Depreciation in 2016 Permits Taxpayers to Deduct 100% of the Cost

Question 23

Question 23

True/False

Bonus depreciation in 2016 permits taxpayers to deduct 100% of the cost of the asset in the year placed in service.

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