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Match these depreciation definitions and characteristes with correct term or examples 1. Qualified improvement property (QIP) 2. Straight-Line (Method) 3. Depletion 4. Alternative depreciation system
Match these depreciation definitions and characteristes with correct term or examples 1. Qualified improvement property (QIP) 2. Straight-Line (Method) 3. Depletion 4. Alternative depreciation system Sec. 179 expensing limit to $25,000 Choose... Computer software Choose... Pollution Control Facilities, Sec. 169 Choose... Also uses Straight-Line (Method) of depreciation Choose... Goodwill and Other Purchased Intangibles, Sec. 197 Choose... Start-up Expenditures, Sec. 195 Choose... depreciated over 15 years using the straight-line method. Choose... Slowest metod of depreciation for tax purposes Choose... a taxpayer ,vho is currently in a low tax bracket but anticipates being in a higher tax bracket in the future may elect co use Choose... 4-wheeled vehicle ,vhich is manufactured primarily for use on public streets, roads, and high, vays and which is rated at 6,000 pounds or less unloaded gross vehicle weight rating (GVWR). Choose... Sec. 179 expensing and bonus depreciation and MACRS can be used to deduct cost Choose... depreciated over 15 years using the straight-line method. Choose... Slowest metod of depreciation for tax purposes Choose... a taxpayer,vho is currently in a low tax bracket but anticipates being in a higher tax bracket in the future may elect co use Choose... 4-wheeled vehicle ,vhich is manufactured primarily for use on public streets, roads, and high,vays and which is rated at 6,000 pounds or less unloaded gross vehicle weight rating (GVWR). Choose... Sec. 179 expensing and bonus depreciation and MACRS can be used to deduct cost Choose
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