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Which of the following is true for qualifying property placed in service in 2019? A) First-year bonus depreciation is not available. B) 100% first-year bonus

Which of the following is true for qualifying property placed in service in 2019? A) First-year bonus depreciation is not available. B) 100% first-year bonus depreciation is allowed, but only for new property. C) 100% first-year bonus depreciation is allowed for both new and used property. D) 100% first-year bonus depreciation is allowed, but only for C corporations, including PSCs.

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