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In [ Year 1 ] [ , ] T , a calendar year taxpayer, decided to move her insurance business into another office building. She
In Year T a calendar year taxpayer, decided to move her insurance business into another office building. She purchased a used building for $excluding the land on March T also purchased new office furniture for the building. The furniture was acquired for $ on May Compute MACRS depreciation. Ignore firstyear expensing and bonus depreciation. MACRS depreciation tables are located in the Appendix.
a Compute Ts depreciation deduction for Year
a Building Table Method
Please enter Ts depreciation deduction for the Building for the first year using the applicable Table rounded to the nearest cent
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