A self-employed taxpayer purchased land on February 1 for $40,000 to be used 100% for business. Then
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Question:
A self-employed taxpayer purchased land on February 1 for $40,000 to be used 100% for business. Then the taxpayer purchased a copier on November 30 for $3,000 to be used 92% for his business. The taxpayer DID NOT elect Section 179 or bonus depreciation.The laxpayer's total depreciation deductionis
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