Question
Limitations on Listed Property (LO. 8) On June 1, 2019 , Kirsten buys an automobile for $73,400. Her mileage log for the year reveals the
Limitations on Listed Property (LO. 8)
On June 1, 2019, Kirsten buys an automobile for $73,400. Her mileage log for the year reveals the following: 19,900 miles for business purposes; 7,300 miles for personal reasons; and 3,400 miles commuting to and from work.
Refer to the MACRS Depreciation Tables to answer the following question.
Note: Do not round percentage computations. Round your answer to the nearest whole dollar.
Assuming a 5-year MACRS recovery period, Kirsten's maximum cost-recovery deduction for 2019 is $fill in the blank _____
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Controlling Fur Kleine Und Mittlere Unternehmen
Authors: David Muller
2nd Edition
3110514877, 9783110514872
