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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 $25,000 in 2014 If
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The § 179 Deduction Can Exceed $25,000 in 2014 If

Question 59

Question 59

True/False

The § 179 deduction can exceed $25,000 in 2014 if the taxpayer had a § 179 amount which exceeded the taxable income limitation in the prior year.

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