Question
11. On July 10, 2016, Ariff places in service a new sports utility vehicle that cost $70,000 and weighed 6,300 pounds. The SUV is used
11. On July 10, 2016, Ariff places in service a new sports utility vehicle that cost $70,000 and weighed 6,300 pounds. The SUV is used 100% for business. Determine Ariffs maximum deduction for 2016, assuming Ariffs Section 179 business income is $110,000, he elects to use Section 179 whenever possible, and he elects not to take additional first year depreciation. (6 points)
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Health And Safety Environment And Quality Audits A Risk Based Approach
Authors: Stephen Asbury
4th Edition
1032427574, 978-1032427577
