Luxury auto depreciation limits Test - Annual Federal Tax Refresher (AFTR) (2023) O $11,700 O $12,200 O $19,500 O $20,200 Mark for follow up Training detail: Curriculum Time remaining 176:50 Question 46 of 100. Elena placed a passenger automobile with a basis of $68,000 into service for her business two years ago. She used the car 100% for business purposes. What is the maximum second-year depreciation allowance she may claim? (Assume that Elena will not use the standard mileage rate.) Summary Next >>

Test - Annual Federal Tax Refresher (AFTR) (2023) Luxury auto depreciation limits Question 46 of 100. (Axsurme that Elena will not use the standard mileage rate.) $11,700$12.200$19.500$120.200 Mars ior totow up