Why Might a Taxpayer Elect to Depreciate Assets Using the Alternative

Multiple Choice

Why might a taxpayer elect to depreciate assets using the Alternative Depreciation System (ADS) ?
I.The taxpayer desires rapid write off of assets.
II.The taxpayer may be close to being subject to the alternative minimum tax.
III.The taxpayer is experiencing a low income time period.
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A) Statements I and III are correct.
B) Only statement I is correct.
C) Statements II and III are correct.
D) Statements I and II are correct.
E) Statements I, II, and III are correct.