Question
Which of the following items would not be reported on Form 4562? a) A vehicle used by a business owner who is deducting actual expenses
Which of the following items would not be reported on Form 4562?
a) A vehicle used by a business owner who is deducting actual expenses
b) Machinery purchased in the current tax year. The owner has elected to use Section 179
c) Residential rental house.
d) Tools purchased in the current tax year. The owner has elected to use the de minimis safe harbor.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
6th edition
1259864235, 1259864230, 1260159547, 126015954X, 978-1259864230
