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In 2018, Gail had a 179 deduction carryover of $30,000. In 2019, she elected 179 for asset acquired at a cost of $115,000. Gains 179
In 2018, Gail had a 179 deduction carryover of $30,000. In 2019, she elected 179 for asset acquired at a cost of $115,000. Gains 179 business income limitation for 2019 is $140,000. Determine Gains 179 deduction for 2019.
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