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  3. Study Set
    Concepts in Federal Taxation
  4. Exam
    Exam 10: Cost Recovery on Property: Depreciation, Depletion, and Amortization
  5. Question
    MACRS Eliminates Several Sources of Potential Conflict Between the IRS
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MACRS Eliminates Several Sources of Potential Conflict Between the IRS

Question 39

Question 39

True/False

MACRS eliminates several sources of potential conflict between the IRS and taxpayers concerning an asset's useful life and the calculation of the depreciation deduction.

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