Determines the following for each case:

the amount of depreciation allowed for this taxable year if section 179 is not considered.

the amount of depreciation allowed for this taxable year if section 179 is considered.

Case 1: Kevin Ramirez Kevin Ramirez is married. He and his wife file separate taxes. In this tax year, Kevin bought a farm machine for $2,000,000 and put it into service. His wife has her own business and purchased and placed in service $30,000 worth of qualified business equipment. The combined dollar limit is $470,000.