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3. A taxpayer places a 100,000 5- year recovery period asset in service in 2022. This is the only asset place in service during 2022.
3. A taxpayer places a 100,000 5- year recovery period asset in service in 2022. This is the only asset place in service during 2022. Assuming a half-year convention and not using section 179 expense, what is the amount of bonus depreciation? a. 200,000 b. 25,000 c. 100,000 d. 0
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