Question
Chaz Corporation has taxable income in 2022 of $313,600 for purposes of computing the 179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2022 of $313,600 for purposes of computing the 179 expense and acquired the following assets during the year:
Asset Placed in Service Basis
Office furniture September 12 $ 796,000
Computer equipment February 10 946,000
Delivery truck August 21 84,000 Qualified real property (MACRS, 15 year, 150% DB) September 30 1,515,000
Total $ 3,341,000
What is the maximum total depreciation deduction that Chaz may deduct in 2022? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
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