On February 2, 2015, Alexandra purchases a personal computer for her home. The computer cost $2,800. Alexandra

Question:

On February 2, 2015, Alexandra purchases a personal computer for her home. The computer cost $2,800. Alexandra uses the computer 80 percent of the time in her accounting business, and the remaining 20 percent of the time for various personal uses. Calculate Alexandra's maximum depreciation deduction for 2015 for the computer, assuming half-year convention and she does not use bonus depreciation or make the election to expense.
$
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2016

ISBN: 9781337343527

34th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

Question Posted: