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MATTHEW UNC AN S CORPORATION PURCHASED A DEPRECIABLE ASSET AND ELECTED IRC SECTION 179 IN THE AMOUNT OF 139,000 IN 2016. WHICH STATEMENT IS TRUE

MATTHEW UNC AN S CORPORATION PURCHASED A DEPRECIABLE ASSET AND ELECTED IRC SECTION 179 IN THE AMOUNT OF 139,000 IN 2016. WHICH STATEMENT IS TRUE

S CORPORATIONS ARE NOT ELIGIBLE FOR THE SECTION 179 DEDUCTION

S COPORATIONS CANNOT REDUCE THE BASIS OF ASSETS BY IRC SECTION 179

THE 139,000 SECTION 179 EXPENSE IS DEDUCTED BY MATTHEW INC

THE 139,000 SECTION 179 EXPENSES PASSES THROUGH TO THE SHAREHOLDERS

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