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Jane is a CPA in practice and purchases a Mercedes GL Class SUV that weighs over 6 , 0 0 0 lbs for $ 1
Jane is a CPA in practice and purchases a Mercedes GL Class SUV that weighs over lbs for $ to be used for her Accounting practice in She has taxable income of $ before any deductions for the vehicle. She would like to take the greatest deduction possible for the truck in How much is her maximum depreciation deduction, including bonus and Sec. for Jane in for the truck?
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$
$
Jane may not take a deduction for the Mercedes because it is a frivolous luxury vehicle
$
$
$
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