On February 4, 2016, Jackie purchased and placed in service a car she purchased for $21,500. The

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On February 4, 2016, Jackie purchased and placed in service a car she purchased for $21,500. The car was used exclusively for her business. Compute Jackie's cost recovery deduction in 2016 assuming no §179 expense but the bonus was taken:___________________
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Fundamentals Of Taxation 2017

ISBN: 9781259752735

10th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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