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Meghan placed an automobile in service on May 19, 2023. Her basis is $35,000 for the car and she doesn't plan to claim bonus depreciation.
Meghan placed an automobile in service on May 19, 2023. Her basis is $35,000 for the car and she doesn't plan to claim bonus depreciation. What is the greatest allowable amount of depreciation she may take for the automobile?
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Introduction To Federal Income Taxation In Canada
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
33rd Edition
1554965020, 978-1554965021
