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    Income Tax Fundamentals
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    Exam 8: Depreciation and Sale of Business Property
  5. Question
    Routine Maintenance Costs for Capital Assets Are Deducted in the Year
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Routine Maintenance Costs for Capital Assets Are Deducted in the Year

Question 75

Question 75

True/False

Routine maintenance costs for capital assets are deducted in the year the amount is paid or incurred, not capitalized as an improvement to the asset.

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