id=629150 course id 174287 18.content_id30921918stepenull QUESTION 3 An (not an tomobile) put in service in June 2019 has a depreciable basis of $2,065,000, a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus depreciations wed a half year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2019 O a 5411,000 Ob $1,411,000 O $1.427.000 Od 52,065,000 Oe None of the above QUESTION 4 John purchases residential rental property on June 30, 2019 for a cost of $290,000 of this amount. $140,000 is allocable to the cost of the home and the remaining $150.000 is allocable to the cost of the land What is Joh's maximum depreciation deduction for 2019 O a $1,485 Ob $1.061 O $2,758 Od None of the above O $370 QUESTIONS Choose the correct statement Depreciation on real property starts at the beginning of the year in which the property is placed in service. Ob Residential real property is depreciated over 9 years Oc Nonresidential real property is depreciated over 27.5 years Od Nonresidential real property is depreciated over 39 years. QUESTIONS What is the maximum depreciation expense deduction for Year 2 (2020) for a passenger automobile, used 100 percent for qualified business use, placed in service one 15, 2019 and costing $15,000 (the election to expense is not made and no bonus depreciation was taken)? Oa516,000 Ob $2,800 Oc$1,160 O d. 55,120 O $5,100 QUESTION 7 Click Save and Submit to see and about Chick Save All Answers to swall anners TAG010 Ref. No....por Form 9719 EFTPS pdf Form Walan Tastep=null QUESTION 3 An asset (not an automobile) put in service in June 2019 has a depreciable basis of $2,065,000. a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus used, a half-year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2019 a $411,000 Ob $1,411,000 O c $1,427,000 Od $2,065,000 Oe. None of the above QUESTION 4 John purchases residential rental property on June 30, 2019 for a cost of $290,000 of this amount, $140,000 is allocable to the cost of the home and the remaining $150,000 is allocable to the What is John's maximum depreciation deduction for 2019? O a $1,485 Ob $1,061 O c $2,758 O d. None of the above Oe. $370 QUESTIONS Choose the correct statement O Depreciation on real property starts at the beginning of the year in which the property is placed in service. Ob Residential real property is depreciated over 39 years. O c Nonresidential real property is depreciated over 27.5 years Od Nonresidential real property is depreciated over 39 years QUESTION G What is the maximum depreciation expense deduction for Year 2 (2020) for a passenger automobile, used 100 percent for qualified business we placed in service on June 15, 2019 and costings election to expense is not made and no bonus depreciation was taken)? O a $16.000 b. $2,800 O c $3,100 Od $5,120 O $5,100 QUESTION 7 Click Save and submit to see and submit. Click Save All Answers to sow all answers id=629150 course id 174287 18.content_id30921918stepenull QUESTION 3 An (not an tomobile) put in service in June 2019 has a depreciable basis of $2,065,000, a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus depreciations wed a half year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2019 O a 5411,000 Ob $1,411,000 O $1.427.000 Od 52,065,000 Oe None of the above QUESTION 4 John purchases residential rental property on June 30, 2019 for a cost of $290,000 of this amount. $140,000 is allocable to the cost of the home and the remaining $150.000 is allocable to the cost of the land What is Joh's maximum depreciation deduction for 2019 O a $1,485 Ob $1.061 O $2,758 Od None of the above O $370 QUESTIONS Choose the correct statement Depreciation on real property starts at the beginning of the year in which the property is placed in service. Ob Residential real property is depreciated over 9 years Oc Nonresidential real property is depreciated over 27.5 years Od Nonresidential real property is depreciated over 39 years. QUESTIONS What is the maximum depreciation expense deduction for Year 2 (2020) for a passenger automobile, used 100 percent for qualified business use, placed in service one 15, 2019 and costing $15,000 (the election to expense is not made and no bonus depreciation was taken)? Oa516,000 Ob $2,800 Oc$1,160 O d. 55,120 O $5,100 QUESTION 7 Click Save and Submit to see and about Chick Save All Answers to swall anners TAG010 Ref. No....por Form 9719 EFTPS pdf Form Walan Tastep=null QUESTION 3 An asset (not an automobile) put in service in June 2019 has a depreciable basis of $2,065,000. a recovery period of 5 years, and is the only asset placed in service this year. Assuming bonus used, a half-year convention, and the expensing election is not made, what is the maximum amount of cost that can be deducted in 2019 a $411,000 Ob $1,411,000 O c $1,427,000 Od $2,065,000 Oe. None of the above QUESTION 4 John purchases residential rental property on June 30, 2019 for a cost of $290,000 of this amount, $140,000 is allocable to the cost of the home and the remaining $150,000 is allocable to the What is John's maximum depreciation deduction for 2019? O a $1,485 Ob $1,061 O c $2,758 O d. None of the above Oe. $370 QUESTIONS Choose the correct statement O Depreciation on real property starts at the beginning of the year in which the property is placed in service. Ob Residential real property is depreciated over 39 years. O c Nonresidential real property is depreciated over 27.5 years Od Nonresidential real property is depreciated over 39 years QUESTION G What is the maximum depreciation expense deduction for Year 2 (2020) for a passenger automobile, used 100 percent for qualified business we placed in service on June 15, 2019 and costings election to expense is not made and no bonus depreciation was taken)? O a $16.000 b. $2,800 O c $3,100 Od $5,120 O $5,100 QUESTION 7 Click Save and submit to see and submit. Click Save All Answers to sow all answers