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Question 2 of 15. Dairy cows, held for more than two years and sold for a gain or loss, are subject to tax treatment under

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Question 2 of 15. Dairy cows, held for more than two years and sold for a gain or loss, are subject to tax treatment under which section of the Internal Revenue Code? Section 179 O Section 1231 Section 1245 Section 1250 Mark for follow up Question 3 of 15. On September 15, 2020, Margaret sold a vehicle she had initially purchased in January 2018 for use in her business This was the only asset she purchased that year, and she elected not to claim the Section 179 deduction or the special depreciation allowance. Margaret used the vehiclo 100% for business purposes sach year that she owned it Wut convention will she use to figure her depreciation deduction for the year of sale? Half-year Mid-month Mid-quarter Straight-line Mark for follow up

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