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Dave owns a cleaning service and operates it as a sole proprietorship. In 2021, taxable income is $125,000 before considering any $ 179 deduction.
Dave owns a cleaning service and operates it as a sole proprietorship. In 2021, taxable income is $125,000 before considering any $ 179 deduction. If he spends $2.63 million on new equipment, Determine his $179 deduction carryforward.
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