Question
Chaz Corporation has taxable income in 2016 of $312,000 before the 179 expense and acquired the following assets during the year: Asset Placed in Service
Chaz Corporation has taxable income in 2016 of $312,000 before the 179 expense and acquired the following assets during the year: Asset Placed in Service Basis Office furniture September 12 $1,270,000 Computer Equipment February 10 930,000 Delivery Truck August 21 68,000 Total $2,268,000 What is the maximum 179 deduction that Chaz may claim in 2016?
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Marketing Research
Authors: David A. Aaker, V. Kumar , George S. Day
8th Edition
047123057X, 9780471230571
