Question
David purchased a passenger car for $53,000. He placed it into service on May 18. 2022. 55% of the miles driven in 2022 were for
David purchased a passenger car for $53,000. He placed it into service on May 18. 2022. 55% of the miles driven in 2022 were for business. Assuming that David dops out of the special depreciation, what is David's maximum depreciation for 2022.
A, $6,160
B, $10,700
C, $11,200
D, $19,200
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
