Question
please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option
please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option is right and why other options are wrong. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.
ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
Make sure all the options whether correct or incorrect are explained properly. Dont just tell what option is correct and its reasoning clearly show the reasoning why the options are incorrect as well. Otherwise i will report the answer for sure and downvote it.
Karen owns a rental house. She had new windows installed for $2,150. She did not make any other repairs or improvements during the tax year. On her federal return, Karen made the safe harbor election for small taxpayers and deducted the full amount. Which of the following statement is TRUE regarding the Routine Maintenance Safe Harbor? California conforms to the tangible property regulations that allow the immediate deduction of routine maintenance under the Routine Maintenance Safe Harbor. Karen may deduct 50% of the cost ofthe windows on her California return. California conforms to the tangible property regulations that allow the immediate deduction of routine maintenance under the Routine Maintenance Safe Harbor. Karen may deduct the full amount of the cost of the windows on her California return. California does not conform to the tangible property regulations that allow the immediate deduction of routine maintenance under the Routine Maintenance Safe Harbor. Karen may not deduct the new windows on her California return. California does not conform to the tangible property regulations that allow the immediate deduction of routine maintenance under the Routine Maintenance Safe Harbor. The new windows must be depreciated over a EEGyear recoyery period on the California returnStep by Step Solution
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