David immediately placed his car into service when he purchased it on May 16, 2020, for $53,500.

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David immediately placed his car into service when he purchased it on May 16, 2020, for $53,500. He did not claim bonus depreciation and he used the car 55% for business. What is David's greatest allowable depreciation deduction amount for the SECOND year?

A. $8,855

B. $9,416

C. $10,100

D. $16,100

Posted Date: Jul 11, 2024 04:22 AM

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David immediately placed his car into service when he purchased it on May 16, 2020, for $53,500.

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