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Taxpayer purchased an office building (including land) for $2,316,028 and placed it in service on December 18, 2020. The building is valued at $1,441,402, and
Taxpayer purchased an office building (including land) for $2,316,028 and placed it in service on December 18, 2020. The building is valued at $1,441,402, and the remaining value is allocated to the land. Taxpayer depreciated the property under MACRS GDS. What is Taxpayer's tax depreciation deduction for 2020? Enter your answer as a positive number rounded to the nearest whole dollar
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