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In 2020, Bruce Wayne purchased a new computer for $16,000. The computer is used 100% for business. Bruce Wayne did not make a 179 election
In 2020, Bruce Wayne purchased a new computer for $16,000. The computer is used 100% for business. Bruce Wayne did not make a 179 election with respect to the computer. He does not claim any available additional first-year depreciation.
If required, round your answers to the nearest dollar.
If Bruce Wayne uses the regular MACRS method, determine his cost recovery deduction for 2020 for computing taxable income and for computing his alternative minimum tax. For taxable income: $ For alternative minimum tax: $
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