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In 2018, Oscar Purchases $2,150,000 of Equipment

Question 92

Multiple Choice

In 2018, Oscar purchases $2,150,000 of equipment. The taxable income of the business before any Section 179 deduction is $20,000. What is Oscar's maximum Section 179 deduction in 2018?


A) $20,000
B) $25,000
C) $250,000
D) $500,000
E) $350,000

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