Question
ABC LLC placed the following assets into service during the taxable year. Determine the total MACRS depreciation deduction to which ABC is entitled for the
ABC LLC placed the following assets into service during the taxable year. Determine the total MACRS depreciation deduction to which ABC is entitled for the year assuming ABC did not elect 179 expensing and elected out of bonus deprecation (meaning no 179 or bonus).
| ASSET | IN SERVICE | LIFE | COST |
|---|---|---|---|
| Machnery | 03/01/2019 | 7 | 1,500 |
| Computer | 10/31/2019 | 5 | 4,000 |
| Furniture | 08/29/2019 | 7 | 3,300 |
a. 372
b. 928
c.886
d.1486
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Prescription Audit And Client Satisfaction A Health Service Research Study Based On Outdoor Patients
Authors: Amitabha Chattopadhyay
1st Edition
3843355541, 978-3843355544
