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Eric is a self-employed consultant. In May of 2018, Eric acquired a computer system (5-year property) for $6,000 and used the computer 80% for business
Eric is a self-employed consultant. In May of 2018, Eric acquired a computer system (5-year property) for $6,000 and used the computer 80% for business and 20% for personal purposes. Eric does not take any Sec. 179 deduction. The maximum depreciation deduction in 2018 is
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$960
$600
$4,800
$1,000
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