Multiple Choice
A taxpayer places a $50,000 5-year recovery period asset in service in 2017.This is the only asset placed in service in 2017.Assuming half-year convention,no immediate expensing,what is the amount of bonus depreciation?
A) $0
B) $10,000
C) $25,000
D) $30,000
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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