To qualify for the immediate expensing election (Code Sec. 179), an asset must meet what qualifications?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 18, 2024 06:14 AM

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To qualify for the immediate expensing election (Code Sec. 179), an asset must meet what qualifications?

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Answer To qualify for the immediate expensing election under Internal Revenue Code Section 179 often referred to as Code Sec 179 certain qualification...View the full answer

CCH Federal Taxation Basic Principles 2020

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