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Taylor LLC purchased an automobile (less than 6,000 lbs.) for $55,000 on July 5, 2021. What is Taylor's maximum depreciation deduction for 2021 (including bonus
Taylor LLC purchased an automobile (less than 6,000 lbs.) for $55,000 on July 5, 2021. What is Taylor's maximum depreciation deduction for 2021 (including bonus depreciation) if its business use percentage is 100 percent? $55,000 $10,100 $18,100 $11,000
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