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line 22 on form 4562 is $19274. line 22 on form 4526 is 19274 Problem 0-11 Modified Accelerated Cost Recovery System (MARS). Listed Property Limitation

line 22 on form 4562 is $19274.
image text in transcribed
line 22 on form 4526 is 19274
image text in transcribed
Problem 0-11 Modified Accelerated Cost Recovery System (MARS). Listed Property Limitation on Depreciation of Luxury Mitomobiles (10 8.2. 8.4.8.5) During 2020, Pepe Guardio purchases the following property for use in his calendar year end manufacturing business Item Date Acquired Cost Manufacturing count 17 year) June 2 550.000 Office Furniture September 15 3,000 office computer November 2.000 Passenger automobile used for busines) 55.000 Warehouse Buy 170,000 135.000 Land Pepe res the contented dereciation method under MACES. and does not make the election to expense and elects out of a bonus deprecation Use Form 456 to reporte depreciation expense for 2030 Enter all amounts as perutive numbers. It required, round to the nearest dollar. If an amount is zero, enter "O". Click on the following links to access Depreciation tables Annual automobile depreciate to Table Recovery Pris for As Placed in Service After 1986 Problem 8-11 Modified Accelerated Cost Recovery System (MACRS), Listed Property. Limitation on Depreciation of Luxury Automobiles (LO 1.2, 114, 0.5) During 2020, Pepe Guardio purchase the following property for use in his calendar year and manufacturing business Item Date Acquired Cost Manufacturing centar) June 550.000 Office furniture September 15 3.000 office computer November 2.000 Passenger automobile 5 percent or busines) Mar 31 55.000 warehouse Buliding 170.000 Land 13.00 Pepe uses the strated depreciation method under MACRS, I wable and does not make the election to expense and efects out of a bonus depredation. Use Form to reported to 2020 Enter all amounts as positive mumbers. It required, round to the nearest dollar. If an amount is zero, enter "o". Click on the following like to access Depreciation tables Annual automobile depreciatimitations Table Recovery Periods for Assets placed in Service Alter 1986 Problem 0-11 Modified Accelerated Cost Recovery System (MARS). Listed Property Limitation on Depreciation of Luxury Mitomobiles (10 8.2. 8.4.8.5) During 2020, Pepe Guardio purchases the following property for use in his calendar year end manufacturing business Item Date Acquired Cost Manufacturing count 17 year) June 2 550.000 Office Furniture September 15 3,000 office computer November 2.000 Passenger automobile used for busines) 55.000 Warehouse Buy 170,000 135.000 Land Pepe res the contented dereciation method under MACES. and does not make the election to expense and elects out of a bonus deprecation Use Form 456 to reporte depreciation expense for 2030 Enter all amounts as perutive numbers. It required, round to the nearest dollar. If an amount is zero, enter "O". Click on the following links to access Depreciation tables Annual automobile depreciate to Table Recovery Pris for As Placed in Service After 1986 Problem 8-11 Modified Accelerated Cost Recovery System (MACRS), Listed Property. Limitation on Depreciation of Luxury Automobiles (LO 1.2, 114, 0.5) During 2020, Pepe Guardio purchase the following property for use in his calendar year and manufacturing business Item Date Acquired Cost Manufacturing centar) June 550.000 Office furniture September 15 3.000 office computer November 2.000 Passenger automobile 5 percent or busines) Mar 31 55.000 warehouse Buliding 170.000 Land 13.00 Pepe uses the strated depreciation method under MACRS, I wable and does not make the election to expense and efects out of a bonus depredation. Use Form to reported to 2020 Enter all amounts as positive mumbers. It required, round to the nearest dollar. If an amount is zero, enter "o". Click on the following like to access Depreciation tables Annual automobile depreciatimitations Table Recovery Periods for Assets placed in Service Alter 1986

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