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Chaz Corporation has taxable income in 2023 of $1,312,950 for purposes of computing the 179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2023 of $1,312,950 for purposes of computing the 179 expense and acquired the following assets during the year:
Asset | Placed in Service | Basis |
---|---|---|
Office furniture | September 12 | $ 818,000 |
Computer equipment | February 10 | 968,000 |
Delivery truck | August 21 | 106,000 |
Qualified real property (MACRS, 15 year, 150% DB) | September 30 | 1,537,000 |
Total | $ 3,429,000 |
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.)
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
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