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How does the 179 immediate expensing deduction affect the computation of MACRS cost recovery? The cost recovery deduction is taken the 179 deduction. Therefore, the
How does the 179 immediate expensing deduction affect the computation of MACRS cost recovery?
The cost recovery deduction is taken
the 179 deduction. Therefore, the basis of the property for cost recovery purposes is
by the 179 amount. In addition, the business income limitation
affect basis.
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