Question
Kyra purchased video recording equipment that she uses in her in-home business (asset class 57.0). The equipment was placed in service on February 20, 2017.
| Kyra purchased video recording equipment that she uses in her in-home business (asset class 57.0). The equipment was placed in service on February 20, 2017. The equipment is used 40% for business. What restrictions does Kyra have? |
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| ADS method must be used. |
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| Bonus depreciation is limited. |
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| GDS method must be used. |
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| 179 expenses deduction is limited. |
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Cost Accounting Fundamentals Essential Concepts And Examples
Authors: Steven M. Bragg
3rd Edition
0980069998, 978-0980069990
