Multiple Choice
In 2016,Oscar purchases $2,150,000 of equipment.The taxable income of the business is $20,000.What is Oscar's maximum Section 179 deduction in 2016?
A) $20,000
B) $25,000
C) $250,000
D) $500,000
E) $350,000
Correct Answer:
Verified
Correct Answer:
Verified
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