Essay
Rustin bought used 7-year class property on May 15,2014,for $72,000.Rustin elects § 179 and straightline cost recovery.Rustin's taxable income would not create a limitation for purposes of the § 179 deduction.Determine the maximum write-off Rustin can take in 2014.
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§ 179 expense election $ 25,00...View Answer
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