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Caitlyn purchases and places in service property costing $450,000 in 2016. She wants to elect the maximum Sec. 179 deduction allowed. The property does not
Caitlyn purchases and places in service property costing $450,000 in 2016. She wants to elect the maximum Sec. 179 deduction allowed. The property does not qualify for bonus depreciation. Her business income is $400,000. What is the amount of her allowable Sec. 179 deduction and carryover, if any?
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