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23 MACRS depreciation method includes: A.- Only 200% DB and Bonus Depreciation. B.- Only 150% DB and 200% DB. C.- 150% DB, 200% DB, SL,

23 MACRS depreciation method includes:
A.- Only 200% DB and Bonus Depreciation.
B.- Only 150% DB and 200% DB.
C.- 150% DB, 200% DB, SL, and bonus depreciation.
D.- Only 200% DB.
24 If a taxpayer chooses to deduct state and local income taxes paid, how does state and local sales tax affect the depreciable basis of a vehicle used in a trade or business?
A.- It is subtracted from the depreciable basis of the vehicle.
B.- State and local sales tax does not affect the depreciable basis of a vehicle.
C.- Bonus depreciation is limited by any amount paid in state or local sales taxes.
D.- The amount paid for state and local sales taxes is added to the depreciable basis.

Tax - Intermediate Vehicle Expense [2019] _

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