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An asset is in eligible for special depreciation in 2 0 2 1 in which of the following circumstances? It was purchased secondhand . It

An asset is in eligible for special depreciation in 2021 in which of the following circumstances?
It was purchased secondhand.
It is used to produce taxable investment income.
The taxpayer must use the mid quarter convention for the year the asset is placed into service.
It has a recovery period of 27.5 years.

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