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Caitlyn purchases and places in service property costing$1,050,000 in 2019. She wants to elect the maximum Sec. 179 deduction allowed and does not plan to
Caitlyn purchases and places in service property costing$1,050,000 in 2019. She wants to elect the maximum Sec. 179 deduction allowed and does not plan to apply bonus depreciation. Her business income is$900,000. What is the amount of her allowable Sec. 179 deduction andcarryover, ifany?
A.
179 deduction
Carryover
$900,000
$120,000
B.
179 deduction
Carryover
$900,000
$0
C.
179 deduction
Carryover
$1,020,000
$0
D.
179 deduction
Carryover
$900,000
$150,000
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