On March 1, 2023, Sarah enters into a three year lease for an automobile worth ($83,000). The
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On March 1, 2023, Sarah enters into a three year lease for an automobile worth \($83,000\).
The monthly lease payment is \($850,\) and she uses the automobile only for her sole proprietorship.
What amount of lease payments may Sarah deduct for 2023?
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Pearsons Federal Taxation 2024 Individuals
ISBN: 9780138238100
37th Edition
Authors: Mitchell Franklin, Luke E. Richardson
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