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Without considering additional first year (bonus) depreciation, $10,100 is the maximum depreciation deduction allowed for the purchase of an automobile during 2020 that weighs under

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Without considering additional first year (bonus) depreciation, $10,100 is the maximum depreciation deduction allowed for the purchase of an automobile during 2020 that weighs under 6,000 pounds and is used 100% for business purposes. True False

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