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Allan purchases $15,000 of office equipment for his Schedule C business. He elects out of bonus depreciation but decides to make the Section 179 election

Allan purchases $15,000 of office equipment for his Schedule C business. He elects out of bonus depreciation but decides to make the Section 179 election to expense the entire purchase of the equipment. Before depreciation, his business has a net income of $11,500. 


What is the maximum amount that Allan can expense under Section 179 for tax year 2022?

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