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Which of the following is NOT TRUE about bonus depreciation? Multiple Choice a. A taxpayer may generate a loss by taking bonus depreciation b. All
Which of the following is NOT TRUE about bonus depreciation? Multiple Choice
a. A taxpayer may generate a loss by taking bonus depreciation
b. All of the above are true
c. Taxpayers may elect not to take bonus depreciation
d. The 100 percent deduction is a temporary provision from the Tax Cuts and Jobs Act
e. It is calculated before Section 179 but after MACRS depreciation
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