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. Manny places a total of $5,000 of 7-year equipment into service in 2022. His net taxable income before depreciation on his Schedule C is

. Manny places a total of $5,000 of 7-year equipment into service in 2022. His net taxable income before depreciation on his Schedule C is $2,000. His Form W-2 income is $40,000. What is the maximum allow Section 179 expense that Manny may deduct on his 2022 tax return in relation to his Schedule C business A. $3,000 O B. $5,000 C. $42,000 D. $1,080,000
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Matry places a total of 55,000 of 7-war eQulomset ints surice in a0g2. Hes rat taxable inctme before deprecistise oe his Sehedule C e 52.060 . Mis Form W-2 income is 540.060 . What is the mantmim allow. A. 3100 n. 53600 c. Sta.000 a. $100000

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