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In 2018, Fast Money, Inc. purchases only one asset: machinery (5-year property) for $850,000. Fast Money takes a Sec. 179 deduction of $500,000 and elects
- In 2018, Fast Money, Inc. purchases only one asset: machinery (5-year property) for $850,000. Fast Money takes a Sec. 179 deduction of $500,000 and elects out of 100% bonus.
Compute maximum tax depreciation for 2018-2023
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