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Viola Davis owns and runs Unicorn Philanthropy Corp. During 2018 and 2019 she made the following purchases for assets for her business: asset Date of
Viola Davis owns and runs Unicorn Philanthropy Corp. During 2018 and 2019 she made the following purchases for assets for her business:
Also, her business income before any cost recovery deduction in 2019 is $135,000. Before 2019, she only uses regular MACRS depreciation for all purposes, but, at the start of 2019, she decides to take the max deduction possible for all new purchases.
What is the 2019 cost recovery deduction for her business
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