Question
McKenzie purchased qualifying equipment for his business that cost $212,000 in 2016. The taxable income of the business for the year is $5,600 before consideration
McKenzie purchased qualifying equipment for his business that cost $212,000 in 2016. The taxable income of the business for the year is $5,600 before consideration of any section 179 deduction. Calculate McKenzies 179 expense deduction for 2016 and any carryover to 2017.
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Auditing In The Food Industry From Safety And Quality To Environmental And Other Audits
Authors: M Dillon, C Griffith
1st Edition
1855734508, 978-1855734500
