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Chaz Corporation has taxable income in 2023 of $1,312,000 for purposes of computing the 179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2023 of $1,312,000 for purposes of computing the 179 expense and acquired the following assets during the year:
Asset Placed in Service Basis
Office furniture September 12 $ 780,000
Computer equipment February 10 $ 930,000
Delivery truck August 21 $ 68,000
Qualified real property (MACRS, 15 year, 150% DB) September 30 $1,500,000
Total $ 3,278,000
What is the maximum total depreciation deduction that Chaz may deduct in 2023? (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.) ?
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