which of the following statements about section 179 expensing is not correct?

a. an amount that is not deductible because it exceeds the aggregate taxable income from any trade or business may not be carried over and taken in a subsequent year

b. the property must be eligible for depreciation or amortization and must be personal property (not realty)

c. the amount expensed is limited to the aggregate amount of income derived from the active conduct of any trade or business of the taxpayer

d. a taxpayer may elect to treat the cost of certain property as an expense in the year the property is placed into service