Question
Passenger Automobile purchased on 05/18, used for business 90% of the time. The cost was $55,600 and basis for depreciation is $50,040. The recovery period
Passenger Automobile purchased on 05/18, used for business 90% of the time. The cost was $55,600 and basis for depreciation is $50,040. The recovery period is 5 years with 200 DBHY used as method/convention. there is no 179 cost. What is the depreciation deduction?
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