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Emma purchased a machine in 2014 and claimed a Section 179 expense deduction on the total purchase price. In 2016,business use dropped below 50%. As
Emma purchased a machine in 2014 and claimed a Section 179 expense deduction on the total purchase price. In 2016,business use dropped below 50%. As a result of this drop, Emma must a) stop taking any depreciation on the machine b) change from the general MACRS to a straight line system c) recapture a prorated portion of that which was expensed d) change nothing
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