Question
On February 17, 2018, Matt places in service an automobile that cost $23,000. Assume Matt does not claim the additional first-year or any 179 deduction.
On February 17, 2018, Matt places in service an automobile that cost $23,000. Assume Matt does not claim the additional first-year or any 179 deduction. The auto is used 35% for business and 65% for personal use. Assume the luxury automobile limitations for Year 1 is $10,000. Compute the total depreciation allowed for 2018: It is not 805
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Cost And Management Accounting
Authors: Colin Drury
9th Edition
1473749050, 978-1473749054
