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During 2018, Linda Has a $12,000 Net Loss from Her

Question 54

Multiple Choice

During 2018, Linda has a $12,000 net loss from her beauty salon. Her spouse, Bart, earns $23,000 as a tennis professional. During 2018, Bart purchases $215,000 of Section 179 equipment for his business. What is the amount of Linda and Bart's Section 179 deduction for 2018?


A) $- 0 -
B) $10,000
C) $11,000
D) $23,000
E) $215,000

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